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Traders send US stocks to record high after promising inflation data
US inflation cooled to 3.4% in April, coming in below analyst expectations
US quadruples tariffs on Chinese EVs to 100%
The White House is increasing tariffs on USD 18 bn worth of Chinese imports
IFC pledges USD 50 mn to support mid-cap companies in Africa
The IFC has also agreed to a local currency swap with Banque Misr
Roaring Kitty is back…
Hedge funds shorting the video game seller lost USD 1 bn yesterday as Roaring Kitty returned to X for the…
Saudi and Egyptian assemblers take note: There’s opportunity in a looming global EV shakeout
Plus: Bloomberg’s take on a USD 81 bn subsidy war for chipmaking supremacy
A recap of day two of IFC regional VP’s visit: Fresh financing, advisory service agreements and privatization chatter
The IFC signed an advisory services agreement with the Universal Health Ins. Authority
THIS EVENING: IFC’s Africa VP is in town
Good afternoon, wonderful people, and welcome to a fresh week that’s off to a slow-ish start — but with the…
Spinneys share jump on market debut
Spinneys’ shares rose up to 11% on its trading debut on the Dubai Financial Market (DFM) on Thursday, before settling…
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