Saudi Wealth Fund’s year of losses
Daily NewsThe Saudi Arabian Wealth Fund, which closed 2021 with a profit of $19 billion, closed 2022 with a loss of $11 billion. The Saudi Arabian Wealth Fund lost about $1...
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The Saudi Arabian Wealth Fund, which closed 2021 with a profit of $19 billion, closed 2022 with a loss of $11 billion. The Saudi Arabian Wealth Fund lost about $1...
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Alibaba Group has announced that it has named a new CEO to replace Daniel Zhang. According to the statement, the new CEO will be Eddie Wu. Eddie Wu will replace D...
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Galatasaray has reached an agreement with SOCAR for the chest sponsorship of the energy and Men's Football Team European Cup matches in the 2023-2024 season. Gala...
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According to the Financial Times, UBS Group AG is facing hundreds of millions of dollars in fines due to its acquisition of Credit Suisse and its dealings with Ar...
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New Zealand has held its benchmark interest rate steady, after pausing several rate hikes since October 2021. The Reserve Bank of New Zealand (RBNZ) has held its ...
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Chinese Premier Li Qiang said during a visit to Germany that “risk reduction” decisions should be made by companies rather than governments. Chinese Premier Li Qi...
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South Korea's unemployment rate rose to 2.6 percent in June South Korea's seasonally adjusted unemployment rate rose slightly to 2.6 percent in June after reachin...
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The Minimum Wage Determination Commission will hold its third meeting for the interim raise at 11:00. The parties will come together for the third time for the in...
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Oil held on to gains on news that Russian crude production is starting to ease. Brent crude oil prices held firm this morning after gaining 2% on Tuesday on signs...
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SASA will build the world’s largest propane dehydrogenation unit using Honeywell Oleflex technology. SASA will build the world’s largest Propane Dehydrogenation (...
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Chip designer Arm is reportedly in talks with Nvidia, the world’s most valuable chipmaker, about an initial public offering. Chip designer Arm Ltd., backed by Sof...
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US-based investment fund Kohlberg Kravis Roberts (KKR) will reportedly take over up to 40 billion euros of "buy now, pay later" (BNPL) loans from online payment s...
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Venezuelan President Nicolas Maduro stated that they will join the Russian payment system Mir in order to reduce the impact of economic sanctions against his coun...
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The US announced that they will continue to support the efforts of Turkish President Recep Tayyip Erdoğan and the United Nations (UN) regarding the extension of t...
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İş Bankası announced that it has applied to the Capital Markets Board regarding the issuance of sustainable debt instruments up to a nominal value of 3 billion Tu...
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The San Francisco Branch of the US Federal Reserve stated that the disruptions in the global supply chain caused by the Covid-19 outbreak have largely subsided, b...
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Asian stocks fell broadly on Wednesday as Wall Street’s rally cooled from last week. Asia-Pacific stocks fell broadly on Wednesday, mirroring the moves on Wall St...
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Bank of Japan Governing Board Member Seiji Adachi said it was too early to phase out ultra-loose monetary policy given the high uncertainty about the price outloo...
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The Fed’s Washington-based board of governors is focused on reducing too-high inflation so the U.S. economy can return to sustained growth, two Fed policymakers a...
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Tesla CEO Elon Musk said he wants to invest in India “as soon as possible.” Elon Musk said Tesla is likely to make a significant investment in India after meeting...
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US-based chipmaker Nvidia will invest $50 million in biotechnology company Recursion to accelerate the development of artificial intelligence models for drug disc...
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