World
Saudi Aramco Eyes $50B Riyadh Stock Exchange Offering
Saudi Aramco, the world’s largest oil company, is reportedly exploring a significant secondary offering worth $50 billion on the Riyadh stock exchange, according to sources...
Canada Proposes News Payment Rules for Tech Giants
Canada has taken a significant step toward ensuring that tech giants Alphabet Inc’s Google and Facebook’s Meta Platforms contribute their fair share to the news...
Gopinath Urges Reforms at South African Reserve Bank Gathering
Gita Gopinath, the First Deputy Managing Director of the International Monetary Fund (IMF), delivered a stark warning to emerging markets during her address at the...
Britain’s Economy Surges Past Pre-Pandemic Levels
Revised figures from the Office for National Statistics (ONS) have revealed that Britain’s economy outperformed pre-pandemic expectations, rising 0.6% higher in the fourth quarter of...
Labor Landscape Shifts as Great Resignation Subsides
In the aftermath of the global pandemic, a profound realignment in the labor landscape emerged, as workers worldwide, in what has been termed “The Great...
UBS Stock Hits 15-Year High Post Credit Suisse Takeover
In a strategic move to stabilize the global banking landscape, Swiss regulators spearheaded the acquisition of the smaller rival Credit Suisse by UBS in March....
Eurozone Inflation Surges to 5.3%, Impacts Interest Rate Talks
Eurozone core inflation defied earlier forecasts by posting a modestly higher-than-expected rate of 5.3% on core prices year-on-year for August, intensifying discussions about potential interest...
UBS Merger with Credit Suisse Drives $29B Q2 Net Profit
UBS Group has unveiled plans to fully integrate the domestic bank of Credit Suisse, elevating its cost-saving endeavors to surpass $10 billion across the group....
Debt Threatens Country Garden After $7B Loss, Default Warning
Country Garden Holdings Co., one of China’s leading property developers, is grappling with an alarming financial crisis, sparking concerns of a potential debt default and...
BOE Economist Favors Sustained Rates to Tackle Inflation
Huw Pill, the chief economist of the Bank of England (BOE), recently addressed an audience in Cape Town, South Africa, shedding light on the potential...
