Category: FINANCE
Scientists fight claim EU nature law hurts farmers
BRUSSELS – Claims by centre-right lawmakers that the EU’s flagship bill to restore nature will hurt farmers and endanger food security are not supported by […]
Security alert Altcoins worth $100 billion dropped in hot water
A slew of altcoins – a catch-all for most cryptocurrencies except bitcoin and ether – have been harpooned in lawsuits filed by U.S. regulators against exchanges Binance […]
Inside OPEC+, Saudi ‘lollipop’ oil cut was a surprise too
LONDON, June 9 (Reuters) – Saudi Arabia kept under wraps its plan to make a deep cut to its own oil output during a weekend […]
Chinese investors travel to Riyadh conference seeking new markets, capital
HONG KONG/RIYADH Chinese entrepreneurs and investors are travelling to Riyadh this week to attend a business conference, which will bring together business and government leaders […]
President Tayyip Erdogan names Erkan to head Turkey central bank, policy pivot expected
ISTANBUL. President Tayyip Erdogan on Friday appointed Hafize Gaye Erkan, a finance executive in the United States, to head Turkey’s central bank, which is widely […]
FTX founder Sam Bankman-Fried to be released on $250mn bond
The 30-year-old former head of the failed cryptocurrency exchange is accused by prosecutors of allegedly carrying out “one of the biggest financial frauds in US […]
FTX boss Sam Bankman-Fried arrives in US to face charges
Sam Bankman-Fried, former boss of failed cryptocurrency exchange FTX, has arrived by plane in New York from the Bahamas to face fraud charges. The 30-year-old […]
China’s Tencent raises stake in ‘Assassin’s Creed’ maker Ubisoft
A man rides an electric bike past the Tencent headquarters in Nanshan district of Shenzhen, Guangdong province, China September 2, 2022. REUTERS/David Kirton Tencent Holdings […]
Gulf states demand Netflix pull content deemed offensive
Signage at the Netflix booth is seen on the convention floor at Comic-Con International in San Diego, California, U.S., July 21, 2022. REUTERS/Bing Guan/File Photo […]
Saudi GDP up 12.2% in second quarter, exceeding initial estimate
A view shows vehicles driving on a street in Riyadh, Saudi Arabia February 16, 2021. Saudi Arabia’s real gross domestic product expanded by 12.2% in […]