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...Japan’s sovereign development bank is investing in UK life sciences for the first time with funding for 4Bio Capital, a UK venture fund that backs advanced treatments such as cell and gene therapies....
...Saudi Arabia is mandating that leading Chinese technology companies invest in the Gulf kingdom in return for huge deals, as it leverages its petrodollar wealth to boost its domestic tech industry....
...Société Générale is set to launch its own stablecoin on a cryptocurrency exchange, becoming the first big bank to offer digital tokens tracking the price of hard currencies to a wide range of investors....
...Qatar’s prime minister has said the Gulf state is re-evaluating its role mediating between Israel and Hamas to secure a ceasefire and the release of hostages held in Gaza, saying Doha’s efforts were being...
...The most eagerly awaited data point in a light week for economic announcements will be the US first-quarter growth figures on Thursday....
...Most banks have prepared for adjustments, which primarily concern credit risks. European bank bosses have groaned but generally have followed the lead of the European Central Bank or Bank of England....
...The index, which tracks the proportion of lenders reporting an increase in demand for home loans versus those reporting a decrease, rose to 35.9 in the first quarter, according to the Bank of England’s quarterly...
...What many don’t realise is that, legally, all money held in a joint bank account is owned by anyone named as an account holder....
...Microsoft has hired the co-founder of Google’s DeepMind, the Bank of Japan raised interest rates for the first time since 2007, and leading European and UK artificial intelligence start-ups have been lobbied...
...The Bank of Mexico on Thursday cut interest rates for the first time in this cycle, making it the latest major Latin American central bank to begin lowering borrowing costs....
...The largest US banks lent billions of dollars less in the first quarter, in a sign that corporate borrowers are paying down debt as interest rates hover at historically high levels....
...First, for a transitional government to succeed, it will need to establish immediate control over security....
...The West Bank is also severely impacted,” Georgieva said during a speech in Washington on Thursday....
...Taqa, a majority state-owned Abu Dhabi energy group, is in talks to acquire a stake in Spanish giant Naturgy in a move that would mark another Gulf incursion into the European power sector....
...The Gulf state is dotted with free zones where people can open companies without revealing their identities....
...First of all, put pressure on Qatar,” Netanyahu said. The prime minister’s comments come as he faces increasing domestic pressure to do more to secure the hostages’ release....
...Nigeria’s central bank sharply raised interest rates to 22.75 per cent at its first meeting since July as Africa’s most populous country hopes to contain its most severe economic crisis in almost three decades...
...Set in a Davos sanatorium, the book re-creates the world before the first world war on a miniature scale....
...The central bank said recent train and airport strikes could hit production in the first quarter, while order books for industry and construction were “dwindling”....
...The rivals are among four consulting firms summoned to explain themselves at a Senate committee hearing next week on the Gulf nation’s use of “soft power” in the US....
...Vladimir Putin has met the leaders of Saudi Arabia and the United Arab Emirates, as part of the first visit by the Russian president to the Gulf region since his full-scale invasion of Ukraine almost two...
...The first tranche of investment, due in a week, will be a $15bn payment, including $5bn from a prior deposit by the United Arab Emirates in the Central Bank of Egypt....
...Payment services company Magnati was spun out of First Abu Dhabi Bank and is now majority owned by Canadian private equity giant Brookfield....
...The most popular response for the timing of the first cut was split between July and September....
...He is due to do the same in the Gulf in the coming months, a French official said....
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