Pakistan pledges $7 billion IMF aid deal will be its last
Islamabad (AFP) - The International Monetary Fund has agreed to loan Pakistan $7 billion to bolster its faltering economy, with...
Tuesday, November 26, 2024
Economy
Pakistan reaches $7 bn aid deal with IMF
Islamabad (AFP) - The International Monetary Fund said it reached a new $7 billion loan deal with Pakistan in a...
Turkey puts its best foot forward to charm Chinese investors
Ankara (AFP) - Turkey plans to draw on its geographical position and an EU customs deal to entice Chinese investors...
Mixed profits at US banks amid weaker signs from low-income customers
New York (AFP) - JPMorgan Chase and Citigroup reported increased second-quarter profits Friday despite somewhat higher costs to account for...
Delta profits drop despite solid demand, hitting airline shares
New York (AFP) - Delta reported lower quarterly profits Thursday despite still-strong travel demand as it moderated a plan to...
Lufthansa issues profit warning, launches ‘turnaround’
Frankfurt (Germany) (AFP) - German airline giant Lufthansa slashed its 2024 profit forecast Friday after a weak second quarter and...
TotalEnergies Uganda oil project ‘devastating’: conservationist
Geneva (AFP) - Production has yet to begin, but TotalEnergies' controversial East African oil project is already taking a dire...
Ericsson posts $1bn quarterly loss on Vonage write down
Stockholm (AFP) - Swedish telecommunications equipment manufacturer Ericsson said Friday it had suffered a $1. 0 billion quarterly loss after...
Day labourers seek dwindling jobs pre-dawn in Shanghai suburb
Shanghai (AFP) - A dozen men crowded around an employment agent early in the morning in suburban Shanghai, waving their...
Kenya’s Ruto dismisses almost entire cabinet after deadly protests
Nairobi (AFP) - Kenyan President William Ruto announced Thursday the dismissal of almost his entire cabinet and consultations to form...
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