ECB may have to restrict growth to control inflation, Lagarde says
“We expect to raise rates further – and withdrawing accommodation may not be enough,” Lagarde said in a speech at a conference.
You can take a 500-mile round-trip taxi from Saudi Arabia to the Qatar World Cup for $532
Careem’s key challenge, as with many services in both Qatar and the UAE, will be managing the rapid influx of customers and keeping up with demand.
Ray Dalio says none of China’s new leadership team appear to be ‘extremists’
Billionaire Ray Dalio said while he’s less familiar with China’s new leadership team than prior officials, he expects worries about their policies are overdone.
Indonesia’s GoTo to cut 1,300 jobs — or about 12% of its headcount
Indonesian tech giant GoTo announced Friday that it is laying off 1,300 people, or around 12% of its total employee headcount.
‘Indiscriminate use of hydrogen’ could slow the energy transition, report says
The report was published during the COP27 climate change summit in Egypt.
Insurance is poised to perform well even amid economic weakness. Here are expert’s top stock picks
The insurance sector has outperformed the broader market and many companies have room to further gain to reach analyst price targets. What to know.
U.S. moves to shield Saudi Crown Prince Mohammed bin Salman in Khashoggi killing
The State Department called the decision to try to protect the Saudi crown prince from U.S. courts in Khashoggi’s killing “purely a legal determination.”
As Muddy Waters bets against dLocal, short sellers are also eying these fintech stocks
At least 11 other U.S.-listed financial technologies companies have more than 10% of their shares betting on a decline in its price.
Alibaba says 15% of China delivery areas were disrupted during Singles Day shopping festival
China’s Covid controls disrupted Alibaba’s ability to deliver packages, the company said, dragging down the e-commerce giant’s sales in a competitive market.
North Korea fires suspected ICBM, its second this month
The launch came after North Korea promised “fiercer” military responses to the strengthening alliance among the U.S., South Korea and Japan, NBC News reports.
