Hugo Boss shrugs off weaker U.S. sentiment
A S German fashion house Hugo Boss on Thursday raised its 2025 sales target, betting on strong demand across its…
BUSINESS
Qatar to invest $5 billion in Iraq over coming years
DUBAI – Qatar intends to invest $5 billion in a number of sectors in Iraq over the coming…
Manchester Utd negotiating exclusivity with Qatar’s Sheikh Jassim in $6 billion-plus sale
English football club Manchester United is negotiating granting exclusivity to the consortium led by Qatar’s Sheikh Jassim bin…
Scientists fight claim EU nature law hurts farmers
BRUSSELS – Claims by centre-right lawmakers that the EU’s flagship bill to restore nature will hurt farmers and…
Security alert Altcoins worth $100 billion dropped in hot water
A slew of altcoins – a catch-all for most cryptocurrencies except bitcoin and ether – have been harpooned…
Inside OPEC+, Saudi ‘lollipop’ oil cut was a surprise too
LONDON, June 9 (Reuters) – Saudi Arabia kept under wraps its plan to make a deep cut to…
Chinese investors travel to Riyadh conference seeking new markets, capital
HONG KONG/RIYADH Chinese entrepreneurs and investors are travelling to Riyadh this week to attend a business conference, which…
President Tayyip Erdogan names Erkan to head Turkey central bank, policy pivot expected
ISTANBUL. President Tayyip Erdogan on Friday appointed Hafize Gaye Erkan, a finance executive in the United States, to…
FTX founder Sam Bankman-Fried to be released on $250mn bond
M D The 30-year-old former head of the failed cryptocurrency exchange is accused by prosecutors of allegedly carrying out “one…
FTX boss Sam Bankman-Fried arrives in US to face charges
Sam Bankman-Fried, former boss of failed cryptocurrency exchange FTX, has arrived by plane in New York from the…