Article content RIYADH — Israel’s Bank Leumi would like to tap into investment opportunities in Saudi Arabia, Chairman Samer Haj Yehia told a business forum in Riyadh, which he is attending in the latest sign of a potential thawing in Saudi-Israeli relations. The presence of Bank Leumi, one of Israel’s two largest banks, at the […]
Article content Twitter Inc shares will be suspended from trading on Friday, the New York Stock Exchange’s website showed, as billionaire Elon Musk faces a court-ordered Oct. 28 deadline to close his $44 billion deal to buy the social media company. Musk, the world’s richest person, visited Twitter’s headquarters in San Francisco on Wednesday and […]
Article content ZURICH — Credit Suisse did not tap the Swiss National Bank for extra liquidity when it was experiencing outflows during market turbulence early this month, its finance chief said on Thursday. Asked at a news conference if Switzerland’s central bank had lent any assistance during that period, CFO Dixit Joshi said: “The answer […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Natalie Grover Publishing date: Oct 27, 2022 • 12 minutes ago • 3 minute read • Join the conversation Article content LONDON — Surging energy costs in Europe risk accelerating an exodus of companies critical in the manufacture of essential medicines, further endangering drug supply chains […]
Breadcrumb Trail Links PMN Business Author of the article: Article content Russia rehearsed its response to a nuclear attack on Wednesday in an exercise involving nuclear submarines, strategic bombers and ballistic missiles at a time when tensions are high over a “dirty bomb” allegation it has made against Ukraine. CONFLICT Financial Post Top Stories Sign […]
Article content MOSCOW — The rouble reversed early losses to edge up on Wednesday, drifting back towards the 61 mark against the dollar as the finance ministry held OFZ treasury bond auctions and Russia’s benchmark stock index retreated from a more than one-month high. By 1325 GMT, the rouble was 0.2% stronger against the dollar […]
Article content Canada’s main stock index opened higher on Wednesday as commodity prices gained, while investors waited for an interest rate decision from the country’s central bank amid expectations of another jumbo increase. At 09:32 a.m. ET (13:32 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was up 66.96 points, or 0.35%, at 19,163.97. (Reporting […]
Article content KAMPALA — The number of confirmed Ebola cases in Uganda has risen to 109 and the outbreak has claimed 30 lives, Health Minister Jane Ruth Aceng said on Wednesday, adding that the government was setting up an additional treatment center. Fifteen of the confirmed cases were among health workers, of whom six had […]
Article content The United Arab Emirates’ state revenues totalled 463.9 billion dirhams ($126.3 billion) in 2021, up 26% from 2020, state news agency WAM reported on Tuesday, citing the finance ministry. State expenditure totalled 402.4 billion dirhams in the same period, up 1% on 2020, WAM said. Article content The figures pointed to an overall […]
Article content WASHINGTON — U.S. single-family home prices fell sharply on a monthly basis in August as surging mortgage rates dampened demand for housing, closely watched surveys showed on Tuesday. The S&P CoreLogic Case Shiller national home price index dropped 0.9% on a seasonally adjusted basis after slipping 0.5% in July. Monthly house prices decreased […]