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Search Result for “chief”

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BUSINESS

EU trade chief warns businesses questioning future in China

AFP, Published on 25/09/2023

» BEIJING: The EU's trade chief told Beijing on Monday that tough security laws and a more "politicised" business environment have left European companies struggling to understand their obligations and questioning their future in China.

BUSINESS

Fed likely to pause rate hikes, raise growth forecast

AFP, Published on 20/09/2023

» WASHINGTON - Analysts expect the United States Federal Reserve to pause interest rate hikes on Wednesday as the central bank looks to tame inflation while avoiding a recession, despite a recent energy-fueled rise in consumer prices.

BUSINESS

Midnight strike deadline looms large for Detroit car giants

AFP, Published on 15/09/2023

» DETROIT - Detroit was on edge Thursday as the auto workers union stood poised for a historic strike of "Big Three" automakers as a midnight deadline approached.

BUSINESS

Stock markets rise as US inflation data, ECB rate loom

AFP, Published on 12/09/2023

» NEW YORK - Global markets rose on Monday at the start of a busy week that includes the release of key US inflation data and a European Central Bank decision on interest rates.

BUSINESS

Saudi and Russian oil cuts extended to year-end

AFP, Published on 05/09/2023

» RIYADH - Saudi Arabia and Russia said on Tuesday they would extend voluntary oil cuts until the end of the year, sending the price of Brent crude to a 10-month high.

BUSINESS

Youthful, gaming-obsessed Saudi seeks homegrown hit

AFP, Published on 04/09/2023

» RIYADH - Young Saudis wander through a museum of video game history stretching from the original Pac-Man to PlayStation 5, a project intended to inspire them to create their own blockbuster titles.

BUSINESS

Rare strike closes Japanese department store

AFP, Published on 31/08/2023

» TOKYO - The shutters came down on one of Japan's best-known department stores on Thursday in the retail sector's first strike for six decades, sparked by fears that its mooted new US owner will slash jobs.

BUSINESS

UBS to absorb Credit Suisse domestic unit

AFP, Published on 31/08/2023

» ZURICH - The banking giant UBS said Thursday it would fully absorb the Swiss unit of its recently swallowed rival Credit Suisse into its operations, without spelling out the implications for job cuts.

BUSINESS

Tech stocks help pull markets higher

AFP, Published on 22/08/2023

» LONDON: Global stocks markets rose on Tuesday thanks to a rebound in tech shares, although investors remained concerned by China's lacklustre economy and the outlook for US interest rates.

BUSINESS

UK bank CEO resigns after Farage 'error'

AFP, Published on 26/07/2023

» LONDON: The chief executive of the British bank NatWest, Alison Rose, stepped down Wednesday after admitting a "serious error of judgment" in speaking to a reporter about the banking affairs of arch-Brexiteer Nigel Farage.