businesspick

Malaysia Airlines is poised to announce a deal next Monday to acquire 20 Airbus (AIR.PA) A330neo wide-body jets, industry sources said on Wednesday. Chief Executive Izham Ismail said in June …

Expectations for activity in Britain’s housing market have dried up quickly thanks to a worsening economic outlook and rising interest rates, an industry survey showed on Thursday. The Royal Institution …

Elon Musk has sold nearly $7 billion worth of Tesla shares, according to legal filings, amid a high-stakes court battle with Twitter over a $44 billion buyout deal. The billionaire …

Germany will offer tax relief worth 10 billion euros to help workers cope with soaring inflation, Finance Minister Christian Lindner said Wednesday. The package will raise base tax-free allowance as …

Indian companies are using Asian currencies more often to pay for Russian coal imports, according to customs documents and industry sources, avoiding the US dollar and cutting the risk of …

The Nigerian Railway Corporation (NRC) says it has reduced the number of trips on the Lagos-Ibadan train service due to the hike in the price of automotive gas oil, better …

Oil prices settled slightly lower on Tuesday after a see-saw session as worries that a slowing economy could cut demand vied with news that some oil exports had been suspended …

Dubai’s biggest bank Emirates NBD (ENBD.DU) has given most employees a pay rise of up to 8 per cent to help cushion against rising costs of living driven by inflation, …

Egypt’s annual urban consumer inflation accelerated to 13.6 per cent year-on-year in July from 13.2 per cent in June, data from the country’s statistics agency CAPMAS showed on Wednesday. Meanwhile, …

Iran made its first official import order using cryptocurrency this week, the semi-official Tasnim agency reported on Tuesday, a move that could enable the Islamic Republic to circumvent US sanctions …