Business

Egypt Seeks Financial Aid Soon After Making Donations to the US

Military plane The world is in unchartered terrain as the fight against the coronavirus continues. In a bid to be a global player Egypt sent a C-130 military aircraft loaded with medical supplies to the United States of America to assist in their fight against the coronavirus. Similarly, President El Sisi donated medical aid to

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Special Report: Trump told Saudi: Cut oil supply or lose U.S. military support – sources

U.S. President Donald Trump speaks with Saudi Arabia’s Crown Prince Mohammed bin Salman during a family photo session with other leaders and attendees at the G20 leaders summit in Osaka, Japan, June 28, 2019. REUTERS/Kevin Lamarque/File Photo As the United States pressed Saudi Arabia to end its oil price war with Russia, President Donald Trump

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US economy shrank at 4.8% rate last quarter as virus struck

Dan Labernik, owner of Labby’s Grill and Bar in Fargo, N.D., is seen on Tuesday, April 28, 2020. The establishment has been closed to customers for six weeks after North Dakota Gov. Doug Burgum put restaurants and bars on his list of business closings because of the coronavirus. Labernik is doing prep work to resume

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Asia shares mixed, eyeing economies reopening, central banks

A man wearing face mask walks past a bank electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Tuesday, April 28, 2020. Asian shares are mixed Tuesday as governments inch toward letting businesses reopen and central banks step in to provide cash to economies. (AP Photo/Vincent Yu) Asian shares are mixed

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Asian markets gain after Japan central bank boosts aid

A currency trader stretches at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Monday, April 27, 2020. Asian stock markets have gained after Japan’s central bank promised to buy more government bonds to support financial markets as investors look to central bankers to shore up the struggling global

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U.S. should avoid phased approach in trade talks with Kenya: Chamber of Commerce

Photo: Credit Daily Nation WASHINGTON (Reuters) – The United States should work to achieve a single, comprehensive agreement with Kenya that removes barriers to trade and investment, instead of pursuing a phased approach, the U.S. Chamber of Commerce said in a document viewed by Reuters. In comments submitted to the U.S. Trade Representative, the Chamber’s

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Egypt to pay Spanish firm $2bn compensation over collapse of gas deal

Gas processing plant [file photo] On Thursday Spanish gas firm Naturgy have confirmed it would resume its efforts to obtain $2 billion from Egypt in compensation for the collapse of a gas project in the country, Rassd.com have reported. In a statement, the gas firm announced the collapse of the deal with Italy’s Eni oil

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Trump and Putin issue rare joint statement promoting cooperation

Russia’s President Vladimir Putin and U.S. President Donald Trump shake hands during a bilateral meeting at the G20 leaders summit in Osaka, Japan, June 28, 2019. REUTERS/Kevin Lamarque U.S. President Donald Trump and his Russian counterpart Vladimir Putin issued a rare joint statement on Saturday commemorating a 1945 World War Two link-up of U.S. and

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Newcastle takeover: Second human rights group contact Premier League and FA to call for Saudi Arabia consortium to be ‘disqualified’

© Provided by Independent Digital News & Media Limited Human rights group Fair/Square Projects have offered an expert briefing to the Premier League on Newcastle United’s takeover, and expressed their opposition to the deal in a letter to the competition as well as the Football Association. The document states that “there is a compelling body

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Brother-in-law of Qatar Emir named new owner of $927m Ritz-Carlton London

The Ritz London, UK on 5 December 2013 [pathikAvashi/Flickr] When the iconic hotel, the Ritz London, was sold in March for some $927 million to a private Qatari investor, there were speculations over who the individual that managed to get their hands on one of the most prestigious real-estate in the capital was. It now

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