by Vasu Jit Kalia | July 17, 2024 | Uncategorized
Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), and Mamo E. Mihretu, Governor of the National Bank of Ethiopia (NBE), have signed a bilateral currency swap agreement for the UAE Dirham and Ethiopian Birr. The two parties also entered into two...
by Jennifer George | July 12, 2024 | Aviation, Industry, News, Uncategorized
Delta Air Lines braces for a summer slump in sales as travellers opt against Paris this summer. CEO Ed Bastain told CNBC that “travellers are avoiding the city this summer and booking to destinations elsewhere, amounting to a $100 million hit for the airline...
by Jibran Munaf | July 4, 2024 | Uncategorized
Fed’s Stance on Rate Cuts Hinges on Inflation Confidence Federal Reserve officials observed an easing in financial conditions during their June meeting but emphasized that rate cuts will not occur until there is “greater confidence” that inflation is...
by Jibran Munaf | June 19, 2024 | Uncategorized
Chinese electric vehicle industry faces EU tariffs amid accusations of unfair subsidies A Chinese official has criticized the European Union’s recent probe into Chinese electric vehicles (EVs), claiming it was overly selective and therefore unreliable. The...
