‘No limits partnership’: Xi and Putin’s key economic priorities | Business and Economy
Chinese President Xi Jinping is meeting with his Russian counterpart Vladimir Putin on a three-day visit aimed at boosting Beijing-Moscow
Read more
Business and Economy
hldHong Kong struggles to win back tourists, ‘World City’ crown | Business and Economy
Hong Kong, China – Early last year, when COVID cases in Hong Kong surged and the government closed schools and
Read more
IMF approves Sri Lanka’s $2.9bn bailout | Business and Economy News
Sri Lanka’s president has said that the International Monetary Fund (IMF) has approved its request for a $2.9bn bailout and
Read more
‘Point of no return’: UN report to provide stark climate warning | Climate Crisis News
New synthesis report will play a pivotal role when governments gather in Dubai in December for the UN climate summit.
Read more
Relief over Credit Suisse rescue short-lived as bank shares sink | Business and Economy
Banking stocks and bonds plummeted on Monday after UBS Group sealed a state-backed takeover of troubled peer Credit Suisse Group
Read more
Employees ‘shocked’ after historic bank deal in Switzerland | Business and Economy News
A bank employee association said it was deeply shocked by the potential consequences of the UBS-Credit Suisse deal. Switzerland awoke
Read more
New York Community Bank to buy failed Signature Bank | Business and Economy
The 40 branches of Signature Bank will become Flagstar Bank, starting Monday, the FDIC said late on Sunday. New York
Read more
US sees bank deposits stabilise even as some regional banks reel | Business and Economy News
Deposits in the country’s banking system are stabilising, Reuters reported citing unnamed US official. A United States official has said
Read more
UBS to buy Credit Suisse for $3.24bn in government-brokered deal | Banks
Authorities had been scrambling to rescue Credit Suisse before financial markets reopened on Monday. Switzerland’s largest bank, UBS, has agreed
Read more
Qatar charges ex-finance minister with bribery, embezzlement | Business and Economy News
Al-Emadi will face a criminal trial following his 2021 arrest over embezzlement allegations. Qatar’s former finance minister Ali Sherif al-Emadi
Read more