An investor walks by an electronic board displaying stock prices at a brokerage house in Beijing. Photo: Associated Press
Euro zone stocks surged on Wednesday as investors piled into firms with big dividends on hopes European Central Bank chief nominee Christine Lagarde will maintain the ECB’s dovish stance, while Italian shares jumped over 2% on avoiding a EU sanction threat. The blue-chip eurozone STOXX index
Egypt will remove subsidies on most energy products by June 15, it told the International Monetary Fund in a January letter released by the IMF on Saturday as part of a review of Cairo’s three-year, $12 billion loan programme with the lender.
The International Monetary Fund (IMF) cut its forecast for Russian economic growth in 2019 to 1.2% from 1.4% after a weak first quarter, saying broader reforms would be needed for stronger growth.
PARIS: Airbus on Wednesday posted stronger-than-expected core second-quarter earnings, led by the switch to efficient new single-aisle jets, and maintained its profit forecast for the year while warning of delivery challenges in the second half. Europe’s largest aerospace group said second-quarter adjusted
The UAE leadership has always cherished values that form the bedrock of society, such as tolerance, unity and generosity among other virtues. It also respects the revered institution of marriage as a cornerstone of social progress.
The decision by Fatah and Hamas to join forces to resist Israel’s annexation of portions of the West Bank and “topple” Donald Trump’s “Deal of the Century” could be a turning point.
It is one thing on which everyone is agreed, which means it is probably either meaningless or wrong. When Boris Johnson declared in his “build, build, build” speech in Dudley that we are going to “build back greener,” he was expressing the consensus view.