Pakistan opens talks with IMF to resume suspended funds for battered economy
Pakistan opened much delayed talks with the International Monetary Fund (IMF) on Wednesday to resume a seventh review of the $6 billion rescue package agreed in 2019.
Pakistan opened much delayed talks with the International Monetary Fund (IMF) on Wednesday to resume a seventh review of the $6 billion rescue package agreed in 2019.
(Reuters) -Two of Britain's biggest pub operators warned on Wednesday that the cost of living crisis and expenses stemming from the Ukraine war would crimp their businesses, suggesting a tough outlook for an industry still recovering from the pandemic.
Chinese gaming and social media giant Tencent Holdings reported flat growth in first-quarterly revenue, its worst ever such performance, and also missed market estimates as China's economic slowdown and a freeze on new game licences weighed on its business.
Chinese gaming and social media giant Tencent Holdings reported virtually no growth in first-quarterly revenue, its worst ever such performance, and also missed market estimates as China's economic slowdown and a freeze on new game licences weighed on its business.
U.S. investment bank JPMorgan backed Sri Lanka's crisis-hit government bonds on Wednesday, saying recent political changes in the country should gradually improve its strains and help its talks with the International Monetary Fund.
Companies need to be incentivised and pushed to make green investments, British trade minister Anne-Marie Trevelyan said on Wednesday.
FRANKFURT/MADRID (Reuters) -Germany's Siemens Energy is mulling a bid to buy the third of Siemens Gamesa it does not already own, the company said on Wednesday, hoping this will help it fix long-standing problems at the Spanish-listed wind turbine maker.