Exclusive: India’s Reliance To Acquire Dozens Of Brands In $6.5 Billion Consumer Goods Play – Sources
By Abhirup Roy and Aditya Kalra MUMBAI (Reuters) – India’s biggest retailer Reliance will acquire dozens of small grocery and…
May 2022
China Further Eases Mortgage Loan Rate Guidance To Spur Demand
BEIJING (Reuters) -Chinese financial authorities on Sunday allowed a further cut in mortgage loan interest rates for some home buyers,…
Saudi Aramco Net Profit Soars 82% In Q1 On High Oil Prices
DUBAI (Reuters) – State-owned oil producer Saudi Aramco on Sunday reported an almost 82% rise in first-quarter net income, broadly…
UniCredit, Citi Consider Swapping Assets With Russian Institutions – FT
(Reuters) – UniCredit SpA and Citigroup are exploring asset swaps with Russian financial institutions as western banks trying to avoid…
IMF Lifts Weighting Of Dollar, Chinese Yuan In SDR Basket
BEIJING (Reuters) – The International Monetary Fund said on Saturday it has increased the weighting of the dollar and Chinese…
Elon Musk Says Twitter Legal Team Told Him He Violated An NDA
(Reuters) – Elon Musk on Saturday tweeted that Twitter’s legal team accused him of violating a nondisclosure agreement by revealing…
New Goldman Sachs Policy Gives Bosses Unlimited Days Off – The Telegraph
(Reuters) – Goldman Sachs Group Inc will allow its partners and managing directors to take as much time off as…
As Musk buyout looms, Twitter searches for its soul
SAN FRANCISCO (AP) — A toxic cesspool. A lifeline. A finger on the world’s pulse. Twitter is all these things…
Venezuela plans stock sale in break from socialist model
CARACAS, Venezuela (AP) — Venezuela’s government is seeking private investors to pump funds into vital but crippled state-run companies, decades…
Taliban’s First Annual Afghan Budget Foresees $501 Million Deficit
By Mohammad Yunus Yawar KABUL (Reuters) – Afghanistan faces a budget deficit of 44 billion Afghanis ($501 million) this financial…