Greece failed to secure the release of 2 billion euros in bailout funding at a Eurogroup summit on Monday, as expected, with creditors prodding Greek officials to push forward ... Read More
Regarding the Middle East and its oil, the late Sheikh Rashid Bin Saed Al Maktoum, longtime Emir of Dubai and Prime Minister of the United Arab Emirates, once famously remarked: ... Read More
HSBC to use JV to tap China’s onshore bond market Foreign rivals on restrictive licences have made little inroad HSBC will have full control of JV and broader licence ... Read More
Decision against controlling oil output could add to sustained period of low oil prices and dent revenues, IEA says OPEC’s unwillingness to limit its oil output could help usher ... Read More
Investors have taken fright at the prospect that the US Fed could raise interest rates at the point when China is experiencing persistently weak demand Stock markets in Asia Pacific ... Read More
UniCredit may cut thousands of jobs; VW hit by downgrade European stocks finished lower Monday, hurt in part by disappointment over potential merger developments for InterContinental Hotels Group PLC ... Read More
Dubai’s private sector recorded its slowest growth in more than five years last month. Expansion of business activity was at a 68-month low with a slowdown in the travel ... Read More
BRIC fund loses 21% in five years, leading to investor exodus Acronym-based investment strategy comes under greater scrutiny The BRIC era is coming to an end at Goldman Sachs ... Read More
Update: Greece and its European Union creditors need a few more days to reach an agreement that would release an aid payment of 2 billion euros ($2.2 billion), according ... Read More
China is making 6.5 percent a floor or minimum level for annual economic growth in 2016 through 2020, a senior Chinese policymaker said on Monday, adding that the figure would ... Read More
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