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Feeling chipper: VW wagers on Chinese tech while Samsung gets a hall pass on US restrictions
Volkswagen plans to invest EUR 2.4 bn to secure Chinese chip tech, the FinancialTimes reports. The German carmaker, which earns…
Planet Finance: Things are not looking up for the UK economy
Is a recession looming for the UK? The UK economy contracted unexpectedly by 0.3% in August as production rates fell…
THIS MORNING: Grab your jackets + another day of IMF-watching
Good morning, kind people, and happy Thursday. We’re stumbling bleary-eyed toward the finish line on another long week — and…
It’s groundhog day for the Elon Musk / Twitter saga
Elon Musk gets sued over Twitter buyout, again: A Twitter investor has accused the world’s wealthiest bn’aire of manipulating the…
e&’s tech business is coming to Egypt this year
The tech arm of e& wants in on our market: e&’s tech solutions arm e& Enterprise will enter the Egyptian…
EBRD signs off on EUR 40 mn loan for rail line linking ports
We’re getting EUR 40 mn from the EBRD for freight + passenger rail line: Egyptian National Railways (ENR) has secured…
The World Bank and IMF don’t have bottomless bailout capacity
Are the IMF and World Bank stretched too thin? Economists are concerned that world’s biggest lenders are stretching themselves too…
US stock markets brace for another rough earnings season
S&P 500 companies are expected to see their weakest earnings growth in three years in 3Q 2022, with Wall Street…
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