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
It is not surprising that none of the thousands of Rohingya Muslims living in crowded refugee camps in Bangladesh turned up for a planned repatriation to Myanmar on Thursday. The horrific actions of violence and ethnic cleansing by Myanmar military have left the Rohingya Muslims horror-struck.
French President Emmanuel Macron, the host of this weekend’s Group of Seven summit, has publicly expressed hope that the G-7 leaders will reaffirm a shared commitment to democratic ideals and multilateral cooperation in an era of political and economic turmoil. That’s probably wishful thinking.
Elizabeth Warren had the crowd going wild over pennies. Halfway through her Wednesday campaign event in Los Angeles, the crowd erupted into a chant of “Two cents! Two cents!” after Warren detailed her signature plan — a 2% tax on the ultra-wealthy that would amount to two cents on every dollar over $50 million.
An old detail kept elbowing me, tugging at my sleeve like an annoying little kid, when President Donald Trump said he thought it might be a good idea to buy Greenland. Then I went back to check on the map of the world as depicted by the classic board game “Risk”: Greenland is one of the golden-yellow territories