Dubai hosts global investor summit this week

Dubai: Representatives of more than $4 trillion in investor wealth are expected to gather in Dubai at the tenth edition of Anthony Ritossa’s Global Family Office Investment Summit, in what is described as the world’s largest gathering of family wealth. Ritossa Family Office, a family business dating back 600 years to the Venetian Empire in […]

Tesla’s new outrageous Cybertruck: Was it a prank?

Now, the Tesla “cybertruck” is out. And it’s not a prank. Even if it does look like one. So, the Tesla truck design has been dismissed as “brutalist” or Batman-ny. Indeed, the truck is like no one has even seen before. Some call it “too futuristic”, or even “ugly”. Sort of a rolling Stealth bomber. […]

India finally brings out a mega public sale

When it comes to shrinking the state’s role in production, the priorities of the Bharatiya Janata Party government that’s ruled India since 2014 are very different from those of its predecessor. And that’s something that has annoyed investors no end. Atal Bihari Vajpayee, the prime minister between 1998 and 2004, gave free rein to kick-start […]

Trump, Xi comments hint trade pact is near

WASHINGTON, BEIJING: US President Donald Trump on Friday said Washington and Beijing could be on the cusp of sealing a partial trade deal but reiterated he was in no hurry to sign. His remarks were a rejoinder to statements made hours earlier by Chinese leader Xi Jinping, who told a gathering of dignitaries in Beijing […]

Pakistan’s central bank holds key interest rate at 13.25%

KARACHI: Pakistan’s central bank kept its main interest rate at 13.25 per cent on Friday, having recently stopped hiking rates as data on the economy has begun to show that inflation is steadying. The bank said it expected inflation to ease in the second half of the fiscal year to the end of next June […]