Gulf Business28m
Saudi Arabia’s PIF to sell further stake in stc in potential $1.1bn deal
Saudi PIF, which sold 6 per cent of stc for $3.2bn in 2021, will keep a 62 per cent stake in the telecoms group after the ...
Europe’s growth prospects hit by fiscal restraint
While Eurozone member states have already cut back on spending more than the UK, US and China, the region’s debt-to-GDP ratio is up from 83.6 per cent in 2019 to 88.7 per cent at the beginning of 2024 ...
MUFG chief says Japanese lender on track to become one of world’s biggest banks
“We . . . have a top 10 position within our sights,” said MUFG chief Hironori Kamezawa in an interview with the Financial Times in central Tokyo. MUFG’s market value is $140bn, while JPMorgan, the ...
Stock market today: Wall Street drifts to a mixed finish after an inflation update
U.S. stocks are drifting near their records after the latest inflation update boosted hopes that more help for the economy ...
How Beijing Took Control of Hong Kong’s Financial Hub—and Left the West Behind
The world’s pre-eminent East-meets-West investment hub has become more Chinese as international financial institutions, ...