Business

EU lawmakers approve 10,000 euro cash payment cap

BRUSSELS (AFP): The European Parliament on Wednesday voted through a limit on cash payments in the EU of 10,000 euros…

3 weeks ago

IMF board to meet 29th on $1.1b Pakistan funding

NEW YORK (Reuters): The executive board of the International Monetary Fund will meet on April 29 to discuss the approval…

3 weeks ago

Boeing reports first revenue drop in 7 quarters

NEW YORK (Reuters): Boeing (BA.N), opens new tab on Wednesday reported its first quarterly revenue drop in seven quarters, but…

3 weeks ago

India set to overtake Germany as 3rd largest economy by 2027

NEW DELHI (Khaleej Times): India will grow at the fastest pace to overtake Japan to become the fourth largest economy…

3 weeks ago

Switzerland says UBS may need more cash

London (CNN): A year after the failure of Credit Suisse, the Swiss government says UBS may have to find as…

3 weeks ago

Pakistan, Egypt among countries who pay most in surcharges to IMF— report

LAHORE (Reuters): Countries, mostly middle and lower-income, have been burdened by surcharges on top of interest payments on their borrowings…

3 weeks ago

Indonesia surprises by hiking interest rates to seven-year high

JAKARTA (AFP): Indonesia’s central bank hiked interest rates Wednesday to their highest for seven years, an unexpected move to boost…

3 weeks ago

German retirees will get an inflation-busting pension increase this year

BERLIN (AP): Germany’s Cabinet on Wednesday approved a 4.57% rise in retirees’ pensions from this summer, well above the current…

3 weeks ago

US new home sales rebound

NEW YORK (Reuters): Sales of new US single-family homes rebounded in March from February’s downwardly revised level, drawing support from…

3 weeks ago

Apple iPhone shipments tumble 19%

BEIJING (Reuters): Apple’s smartphone shipments in China tumbled 19% in the first quarter of the year, the worst performance since…

3 weeks ago

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