Saudi Oil Cuts Set to Keep Gasoline Prices Higher
The International Energy Agency expects a significant supply shortfall for the rest of this year and says low inventories could lead to market volatility.Read More
Inclusive Innovation: Fostering a New Era of Financial Services in MENA
The digital landscape in the Middle East and North Africa (MENA) region is undergoing a significant transformation. With 85 per cent of people in MENA having used at least one alternative payment method in the past year according to Mastercard, digital payments in the region are projected to grow from $204billion in 2023 to $343billion […]
90% of FTSE 100 Companies now Only Work With Suppliers That Share ESG Credentials; Reveals OneStream
OneStream, a financial and ESG planning software provider, has revealed that 90 per cent of FTSE 100 companies will now only work with suppliers that share their Environmental, Social and Governance (ESG) credentials. The data comes after OneStream analysed the 2022 Annual Reports of all the FTSE 100 companies to identify those that have established […]
Ukraine Strikes Russian Naval Ships at Black Sea Facility
The Russian Ministry of Defense said that Ukraine fired 10 cruise missiles at the facility in the city of Sevastopol. The area hosts naval operations that are key to Moscow’s war efforts in Ukraine.Read More
UAE Central Bank Supports COP28 Initiative to Address Green and Sustainable Finance Challenges
The Central Bank of the UAE (CBUAE) has collaborated with the Bank for International Settlements (BIS), the Emirates Institute of Finance (EIF) and the COP28 Presidency to launch a new global initiative to help scale sustainable finance and combat climate change. The initiative, COP28 UAE TechSprint, will aim to encourage financial innovators and developers from […]
Hedge Funds’ Big Bet Against Treasurys Isn’t What You Think
Inflation, bond issuance and Fed tightening are spurring a Treasury derivative bonanza.Read More
F.B.I. Agent Undercuts Claims of Political Interference in Hunter Biden Inquiry
Thomas Sobocinski, an F.B.I. agent, told House investigators that the prosecutor overseeing the investigation into the president’s son never said he did not have full authority to pursue charges.Read More
Binance.US CEO Leaves Embattled Crypto Exchange
Brian Shroder, who took the helm of Binance.US in 2021, will be replaced on an interim basis by the company’s chief legal officer.Read More
Fans Bet Their Bar Tabs on the Jets Losing. It Wasn’t a Safe Bet.
A bar in Wisconsin, where Aaron Rodgers played for years, offered free drinks if the New York Jets lost on Monday. But after a surprising comeback, patrons were left to pay for their tabs.Read More
A Decongestant in Cold Medicines Is Ineffective. Here’s What to Use Instead.
Here’s what you can use instead.Read More
