Stories from Reuters
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Oil rises over $1
Maersk announced it will divert all vessels away from Red Sea for foreseeable future
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Saudi’s PIF tops sovereign wealth spending
Diverse investments including sports ventures strengthen its global position
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Swiss watchdog seeks bonus clawback powers
FINMA pushes for enhanced oversight, accountability measures
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World stocks sail to highest in over a year
Rally came on optimism that central banks will cut interest rates
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Ethiopia defaults on debt payment
Ethiopia failed to make $33 million “coupon” payment on its only international government bond.
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China slams sanctions on Russia’s LNG project
Says no third party should restrict economic cooperation
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OpenAI in talks to raise new funding at $100 billion valuation
OpenAI in talks to raise funding at $100 billion or more with new chip venture, Abu Dhabi-based G42
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‘Turkey’s intl debt sales could hit record in 2024’
President Tayyip Erdogan’s move back towards orthodox monetary policies began luring back international capital.
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Brent lurks near $80 as Red Sea tensions rise
US Energy Information Administration showed surprise crude inventory build
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Oil rises 2% on militant attacks
Houthis have vowed to defy US-led naval mission and keep hitting Israeli targets in region.