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Market News

October 25, 2021
Saudi Seeks 50 Million Tourist Visits in 2022 in Covid Recovery
Saudi Arabia is expecting 50 million tourist visits in 2022 as it seeks to rejuvenate a nascent effort to promote domestic and international...
October 25, 2021
Tesla Model 3 Becomes First Electric Car to Top European Sales
Tesla Inc.’s Model 3 was the top-selling vehicle in Europe last month, the first time an electric car has outsold rival models with gasoline...
October 25, 2021
South Africa Faces Increased Outages Due to Eskom Maintenance
South Africa faces an increased risk of power outages because maintenance needs to be carried out at deteriorating coal-fired power stations, the...
October 25, 2021
FC Porto Considers Stake Sale After Receiving Interest
The owners of FC Porto have been considering the sale of a minority stake in the Portuguese soccer club after receiving interest from outside...
October 25, 2021
Thrasio Raises $1 Billion in Funding Round Led by Silver Lake
Thrasio Holdings Inc., an aggregator of Amazon.com Inc. products, has raised more than $1 billion in a private funding round led by technology...
October 25, 2021
Singapore Adds 18 New Charges Against Alleged Nickel Hoaxer
Singapore added 18 new charges against businessman Ng Yu Zhi, who’s accused of cheating investors in an alleged $1.1 billion fraud, taking the...
October 25, 2021
German-French Power Spread Soars Ahead of Winter Season
France’s higher share of electricity for heating and less wind turbines keeps power prices well above German levels this winter.
October 25, 2021
Over Half of Afghanistan Faces Acute Hunger as Crisis Deepens
More than half of Afghanistan’s population will face acute hunger from next month as a deepening economic crisis compounds the impact of drought,...
October 25, 2021
Kazakhstan Hikes Rate to 9.75% as Inflation Continues to Rise
Kazakhstan’s central bank delivered its third consecutive interest-rate hike as inflation accelerated in Central Asia’s largest energy producer.
October 25, 2021
Israel Seeks to Close Gaps in Arab Sector With $9 Billion Plan
The Israeli cabinet approved on Sunday a 30-billion shekel ($9.35 billion), five-year plan to close gaps between the Arab sector and the remainder of...