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Posts published in “Business”

‘Banque Misr to continue business as usual’: UAE, Egypt central banks issue joint statement after US action

UAE and Egypt central banks affirmed coordination over Banque Misr's UAE branches after US action targeting their dollar transactions. They said the branches would take necessary measures to ensure Banque Misr continues its business as usual...

Nifty Outlook For August 31: Index move may hinge on HDFC Bank; Action in IPOs, broader markets

The other real action has come from the primary markets, whether it be subscriptions or the listing premiums of these companies. A total of 14 companies made their stock market debut in the month of August, and the average listing premium of these companies has been over 30%...

Trump to use Venezuelan oil to refill US petroleum reserve; details of deal remain unclear

Trump said the deal would give the US a stake in Venezuela's vast oil reserves and help revive the country's battered energy industry. The agreement follows the US capture of former Venezuelan President Nicolás Maduro in January. Maduro was taken to New York to face federal drug-trafficking charges...