Articles
Turkey's earthquake reconstruction costs may top $68bn
Country's losses estimated at 4% of gross domestic product, World Bank says
Adnoc Gas IPO: Offering may raise more than $2bn
Energy company expects to list on the Abu Dhabi Securities Exchange on March 13
Lebanon inflation soared 124% in January as economic crisis continued
Prices of miscellaneous goods and services rose 20% from December while restaurant and hotel bills climbed 18% and health costs jumped 11%
Pressure mounts on Adani as Moody's changes outlook of some companies
Rating agency cites 'significant and rapid decline' in market value for action
Abu Dhabi's FAB says it is not considering bid for Standard Chartered
Shares of emerging markets-focused lender surged by about 11% on speculation of a possible takeover bid
IMF says Pakistan has made 'considerable progress' but key priorities remain
Washington lender says discussions to continue in the coming days to finalise implementation details of policies
PayPal CEO Dan Schulman to retire as profit jumps 15% in fourth-quarter
Global payments company’s net profit in three months to the end of December climbed to $921m
Zoom to lay off 15% of staff and CEO Yuan to reduce his salary by 98%
Company's executive leadership team to take 20 per cent cut in base salaries for coming fiscal year and forfeit corporate bonuses
Moody's cuts Egypt rating due to reduced buffers and shock absorption capacity
Outlook of North African country changed to stable from negative
Business confidence in Saudi Arabia hits two-year high as output strengthens
Cost and inflation in the Arab world's largest economy ease in January
Swatch share price surges on MoonSwatch frenzy and China reopening
World's biggest watchmaking company sells a million pieces after watch collaboration with Omega in 2022
Gulf central banks raise interest rates after Fed's quarter-point increase
US regulator's 25 bps increase in its key policy rate is the smallest since last March, after inflation eased from a four-decade high in 2022
Adani to review capital raising as rout wipes out $108bn
Sell-off in group's stocks and bonds resumed on Wednesday after criticism by US short-seller Hindenburg
PayPal to layoff 2,000 employees as Big Tech reverses pandemic hiring
President and CEO Dan Schulman says FinTech company has made progress in focusing resources on core priorities and rightsizing its cost structure, but there is more work to be done
IMF raises global growth outlook but says full recovery only starting
Advanced economies will have a more pronounced slowdown and are set to decline to 1.2%, from 2.7% last year, with nine in 10 economies likely to decelerate
