LONDON: Turkey’s paltry foreign currency reserves leave it vulnerable to a financial shock in the wake of its military push into Syria, with markets concerned that geopolitical tension and sanctions over the incursion could lead to a reprise of its 2018 lira crisis. A deal between Ankara and Washington to pause military operations in Syria […]
WASHINGTON: The leaders of the 189-nation International Monetary Fund and its sister organisation, the World Bank, are laying out their visions for the future, hoping to achieve a world with less extreme poverty and more economic growth. However, IMF Managing Director Kristalina Georgieva and World Bank President David Malpass will likely find their discussions over […]
Victims said the tour packages had 75 days of five star hotel stays anywhere in the world within 25 weeks of registration.
“The Pakistani government has demonstrated strong political will to implement its action plan.”
Exclusive: Steven McCarthy, the CEO of the USA Pavilion’s implementation partner, says he hopes US government funding can be secured for the country’s showcase at Expo 2020 Dubai
LONDON: Confirmation of a new Brexit deal sent sterling to a five-month high on Thursday and hoisted European stocks to a year-and-a-half peak, before familiar doubts about British parliamentary support for the agreement hauled them back. While the British government and the European Union may have agreed a deal, there is not a clear road […]
All it requires is a 30-minute commitment of physical activity for 30 days.
Geneva: Nestle SA plans to return as much as $20 billion to shareholders by 2022 and indicated an appetite for acquisitions to help Chief Executive Officer Mark Schneider sustain faster growth and better profit margins. Flush with cash after the $10 billion sale of a dermatology unit earlier this month, the Swiss food giant said […]
Dubai: A senior delegation from the UAE’s Ministry of Finance and the Central Bank will be in the United States this week to participate in the annual meeting of the World Bank Group and the International Monetary Fund (IMF). The delegation will be headed by Obaid Humaid Al Tayer, Minister of State for Financial Affairs, […]
New York: US retail sales unexpectedly posted the first decline in seven months, suggesting consumers are starting to become shaky as the main pillar of economic growth and potentially bolstering the case for a third straight Federal Reserve interest-rate cut. Prices on 10-year Treasuries rose and US stocks fell after the data release. The value […]