India’s market regulator is facing a threat to its credibility after a barrage of allegations against its chief, top fund managers have told the BBC.
Category: Business
Google’s lucrative ad tech business goes on trial
The US government is taking aim at the engine of Google’s immense wealth – its extremely lucrative ad tech business. A trial beginning on Monday
Boeing offers staff 25% pay hike in bid to avoid strike
Boeing is offering its staff a 25% pay rise over four years in a bid to avoid a strike that could potentially shut down its
Qualcomm shares pop after company reports earnings beat, 56% rise in smartphone chip sales
Qualcomm stock rose more than 6% at one point in extended trading Wednesday after the company reported its fiscal fourth-quarter earnings, which exceeded analyst expectations.
Four more UK energy suppliers go bust amid high gas prices
Another four energy suppliers have gone bust in a single day as historic gas market highs continue to rip through the UK’s energy market amid
Border closures threaten Hong Kong’s financial hub status
Last week, Hong Kong doubled down on its Covid-19 restrictions – already among the strictest in the world. The news has led to dismay among
Naguib Sawiris eyes 51% of state-owned gold mining company
Egyptian billionaire Naguib Sawiris on Sunday announced his interest in acquiring 51 percent of the Shalateen Mineral Resources Company (SMRC). The SMRC was established in
Coronavirus updates: WHO upgrades global virus spread risk to ‘very high
Stock markets around the world have plunged amid mounting concerns about the impact of the COVID-19 virus on business. The virus has continued to spread,
Shares take a £2.8tn hit as markets plunge again
STOCK markets around the world plunged for the sixth day running yesterday — wiping more than £2.8trillion off the value of shares. In falls not
Saudi-Egyptian partnership for hotel management launched at $US 450 mn
The Saudi Hospitality Development Group, which represents Swiss International in the Middle East, has signed an exclusive contract valued at $US 450 million with Egypt’s
