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Dubai Authorities Freeze the Assets of Konema Mwenenge

Since February, the Central Bank of the United Arab Emirates has received a request from the Angolan authorities for judicial cooperation. The Financial Intelligence...

Olympic Champion Scott Pulls Out of Worlds in Blow For Britain

In a big blow for Britain's relay hopes, Olympic champion Scott has pulled out of the world swimming championships. The championships will begin on...

UniCredit boss Says Giving Away Russian Unit Would Be Morally Wrong

Andrea Orcel, the chief executive of UniCredit, told an audience in Milan that giving away the Russian bank's unit would be morally wrong. The...

S&P 500 Dips With Fed Policy Announcement on Tap

As the S&P 500 closes lower on Tuesday, investors look towards the key Fed policy announcement on June 14, which will be crucial in...

Morgan Stanley CEO Sees 50% Chance of US Recession

After a recent report from the Federal Reserve showed that the U.S. economy is heading toward a recession, the CEO of Morgan Stanley has...

Inflation Angst Drags S&P 500 Into Bear Market

On Monday, the dollar hit two-decade highs, global stocks fell, and government bonds tumbled. Investors became worried about the Fed's aggressive coverage tightening, which...

Global Nuclear Arsenal to Grow For First Time Since Cold War

In an annual report, the Stockholm International Peace Research Institute (SIPRI) warns that the global nuclear arsenal is on the rise again. At the...

US President Joe Biden Says He Has ‘Not Yet’ Decided on Saudi Trip

US President Joe Biden has not made up his mind on whether to visit Saudi Arabia in June. But there's a lot to be...

Tunisia’s Central Bank Keeps Key Rate Unchanged at 7%

The central bank of Tunisia has kept the key interest rate on hold at 7% for another year, as it's worried about the ongoing...

Tanzania Signs LNG Framework Agreement With Equinor and Shell

The government of Tanzania has signed a framework agreement with Equinor and Shell for a $30 billion LNG project, bringing the two companies closer...

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