Economy
Saudi Aramco is considering selling a stake worth as much as $50 billion through a secondary share offering on the Riyadh bourse after consultations with advisers, the Wall Street Journal reported on Friday. The sale could happen before the end of the year, the report said, adding that Aramco has been "sounding out" potential investors, such ...
Oil prices saw a limited rally on Friday ahead of US Federal Reserve (Fed) Chairman Jerome Powell's speech due later in the day. International benchmark Brent crude traded ...
Leaders of the BRICS group of developing nations have invited Saudi Arabia, Iran, Ethiopia, Egypt, Argentina and the United Arab Emirates to join, in a move aimed at ...
The EU has posted a foreign trade deficit of €4.2 billion ($4.5 billion) during the first half of 2023, easing from €201.3 billion in the same period last ...
Industrial production fell 1.2% on a yearly basis both in the euro area and the EU, the bloc's statistics office revealed on Wednesday. On a monthly basis, production ...
Russia's central bank hiked its key interest rate by 350 basis points to 12% on Tuesday, an emergency move to try and halt the rouble's recent slide after ...
Italy made an "improvised and atrocious" decision in joining China's Belt and Road (BRI) initiative, defence minister Guido Crosetto has said. Mr Crosetto claimed the initiative had done ...
The German economy exited from a recession in the second quarter of this year, posting no growth as household spending stabilized, according to preliminary data from the state ...
China rolled over a $2.4 billion loan to Pakistan maturing in the next two fiscal years, the South Asian nation's finance minister said on Thursday. "Chinese EXIM Bank has rolled over for 2 years principal amounts of following loans totalling US$ 2.4 billion which are due in next 2 fiscal years," Ishaq Dar tweeted. He ...
The investment firm of Spanish billionaire Amancio Ortega, the founder of fashion giant Inditex, on Thursday reported a 2.8 billion-euro jump in the market value of its real ...
