Business
After setbacks, NY prosecutors resume insider trading crackdown
June 23, 2016
After setbacks, NY prosecutors resume insider trading crackdown
Federal prosecutors in Manhattan are pursuing insider trading cases on a pace not seen since 2012 — before a major…
Sterling hits 2016 high, stocks climb as UK votes on Brexit
June 23, 2016
Sterling hits 2016 high, stocks climb as UK votes on Brexit
Sterling hit a 2016 high and world stocks climbed for a fifth day running on Thursday, as British voters headed…
Greece could lift capital controls by year-end: bank association head
June 19, 2016
Greece could lift capital controls by year-end: bank association head
Greece could lift most or all capital controls imposed at the height of the euro zone crisis by the end…
Iran says has finalised the deal to buy 100 Boeing airliners
June 19, 2016
Iran says has finalised the deal to buy 100 Boeing airliners
Iran has reached a deal to buy 100 planes from US planemaker Boeing, and the two sides are awaiting approval…
Telecoms regulator sets 4G licence cost at LE3.54 bln: Orange Egypt
June 19, 2016
Telecoms regulator sets 4G licence cost at LE3.54 bln: Orange Egypt
Orange Egypt said on Sunday that Egypt's telecommunications regulator had set the price of a licence to provide fourth-generation mobile…
Heavy trading predicted around Brexit vote
June 18, 2016
Heavy trading predicted around Brexit vote
U.S. stock markets could see heavy trading and increased volatility as investors position for next week's referendum on whether Britain…
EU allows Iran’s state carrier to resume flights in bloc
June 17, 2016
EU allows Iran’s state carrier to resume flights in bloc
Iran's state airline, which has just reached an agreement with Boeing Co to purchase new jetliners, can resume flights in…
Egypt raises interest rates by 100 basis points, to highest level in years
June 17, 2016
Egypt raises interest rates by 100 basis points, to highest level in years
Egypt's central bank raised its key interest rates by 100 basis points on Thursday to their highest levels in years,…
EFG Hermes energy platform Vortex closes 550 mln euro wind farm deal
June 17, 2016
EFG Hermes energy platform Vortex closes 550 mln euro wind farm deal
Egypt's EFG Hermes said on Thursday that its renewable energy platform, Vortex, had bought a 49 percent stake in an…
Nigeria to abandon naira peg in favour of open market trading
June 16, 2016
Nigeria to abandon naira peg in favour of open market trading
Nigeria's central bank said on Wednesday it would begin "purely" market-driven foreign currency trading next week, abandoning its 16-month peg…