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Category: FINANCE

Posted on June 9, 2020

Bangladesh leads climate-threatened nations in push for global action

Bangladesh vowed to put pressure on nations fuelling global warming to cut emissions and help address the plight of people displaced by climate change as it stepped up to head a group of 48 countries …

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Posted on June 9, 2020

Pakistan to target 2.3% growth in FY21 budget as economy recovers from pandemic

Pakistan will target growth of 2.3% in fiscal year 2020-21, according to government officials and documents seen by Reuters that said the economic landscape would depend mainly on the country’s …

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Posted on June 9, 2020

Hong Kong government to take stake in Cathay Pacific

The Hong Kong government will take a stake in Cathay Pacific and increase its influence over the airline’s board as part of a HK$39bn (US$5bn) rescue plan. In what marks a rare direct purchase by the …

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Posted on June 9, 2020

Protests leave permanent imprint on Hong Kong’s streets

Torn up paving stones filled-in with concrete, cages erected over bridges and security guards on campus entrances — protests have left a permanent imprint on Hong Kong’s streets after a year of …

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Posted on June 9, 2020

Nemir Kirdar, father of private equity globally, dies at 83

The former Chase Manhattan banker founded Bahrain’s Investcorp and ran the alternative investment firm for more than three decades …

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Posted on June 9, 2020

Corporate tax in UAE will turn away investors, says GWS Group chairman

The introduction of a corporate tax in the UAE will turn away international investors and wealthy residents, according to the chairman of tax advisory GWS Group, in response to a prediction by Emirati …

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Posted on June 9, 2020

Israel halts coronavirus cellphone surveillance, official says

Israel’s internal security service Shin Bet has halted its cell-phone tracking of coronavirus carriers, an official said on Tuesday, citing the success of alternatives to the controversial method of …

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Posted on June 9, 2020

U.N. forced to cut aid to Yemen, even as the coronavirus increases need

Aid organizations are making an urgent plea for funding to shore up their operations in war-torn Yemen, saying they have already been forced to stop some of their work even as the coronavirus rips …

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Posted on June 9, 2020

UN forced to cut aid to Yemen, even as virus increases need | Charlotte Observer

Aid organizations are making an urgent plea for funding to shore up their operations in war-torn Yemen, saying they ha Some 75% of U.N. programs in Yemen have had to shut their doors or reduce …

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Posted on June 9, 2020

Asian Crude Oil Buyers Shocked by Saudi Arabia’s Price Hike

Saudi Arabia’s steep hikes to its crude prices for July have shocked some Asian refiners even as the region leads a rebound in global energy consumption following coronavirus lockdowns.Aramco’s price …

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