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Germany nudges up growth forecast, ailing economy at 'turning point'
Apr 25, 2024
FRANKFURT, Germany — The German government slightly increased its 2024 growth forecast on Wednesday, saying there were signs Europe's beleaguered top economy was at a "turning point" after battling through a period of weakness.Output is expected to expand 0.3 per cent this year, the economy ministry said, up from a prediction of 0.2 per cent in Feb ...
General Motors lifts 2024 profit forecast after strong Q1
Apr 24, 2024
NEW YORK — General Motors (GM) reported higher profits Tuesday thanks to continued st ...
Denmark launches its biggest offshore wind farm tender
Apr 23, 2024
COPENHAGEN — The Danish Energy Agency on Monday launched its biggest tender for the c ...
Visa to launch global innovation programmme 'VEI' in Levant region for first time in June
Apr 22, 2024
AMMAN — Giant multinational payment card services, Visa, will launch its "Visa Everywhere Initiative" (VEI) on June 2 for first time in the ...
Housing Bank Group reports JD140.8 million net profit for 2023, recommends cash dividend of 25% of share nominal value
Apr 21, 2024
AMMAN – The Housing Bank held its 51stGeneral Assembly Meeting on April 18th, 2024. ...
Post-Brexit checks on UK-bound EU food imports delayed again — FT
Apr 21, 2024
LONDON — Britain will avoid implementing most post-Brexit checks on EU food imports due to start this month so as to prevent major disruptio ...
Tesla asks shareholders to reapprove huge Musk pay deal
Apr 18, 2024
NEW YORK — Tesla will ask its shareholders in June to ratify a multi-billion-dollar 2018 pay package for CEO Elon Musk that was squashed by ...
IMF ups global growth forecast but signals medium-term pessimism
Apr 16, 2024
WASHINGTON — The International Monetary Fund (IMF) has raised its outlook for the global economy this year, while maintaining a gloomy forec ...
Hong Kong conditionally approves first bitcoin and ether ETFs
Apr 16, 2024
HONG KONG — Hong Kong's securities regulator on Monday granted conditional approval to start the city's first spot-bitcoin and ether exchang ...
Singapore economic growth misses forecasts in Q1
Apr 14, 2024
SINGAPORE — Singapore's economy grew slower than expected in the first quarter, early data showed recently, as a struggling manufacturing se ...
Europe stocks boosted by ECB rate cut signal; earnings in focus
Apr 14, 2024
LONDON — Europe's stock markets rose Friday after the European Central Bank (ECB)  signalled a likely June interest rate cut, with Lond ...
Biden lands another big Taiwan chip investment
Apr 09, 2024
WASHINGTON — The Taiwan chip giant TSMC has agreed to build a third semiconductor factory in Arizona, raising its total investment in the Un ...
Samsung Electronics expects 10-fold rise in Q1 profit
Apr 08, 2024
SEOUL — Samsung Electronics said recently it expects first-quarter operating profits to rise more than 10-fold year on year as chip prices r ...

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