EconomyTop StoriesGoldman Sachs, Citigroup cut China’s 2024 growth forecast to 4.7%GBO CorrespondentSeptember 19, 2024September 19, 2024 GBO CorrespondentSeptember 19, 2024September 19, 2024 Previous estimates for the economy's full-year growth were 4.9% for Goldman Sachs...
FinanceTop StoriesGoldman Sachs to layoff up to 1,800 employees despite registering strong profitsGBO CorrespondentSeptember 4, 2024September 4, 2024 GBO CorrespondentSeptember 4, 2024September 4, 2024 Goldman Sachs reported second-quarter profit in July 2024 that more than doubled...
Banking and FinanceTop StoriesFed unlikely to cut rates in 2024: Goldman SachsGBO CorrespondentMay 29, 2024 GBO CorrespondentMay 29, 2024 Goldman Sachs CEO David Solomon said that given the region's more sluggish...
EconomyTop StoriesSaudi Vision 2030: Explaining Kingdom’s ‘National Investment Strategy’GBO CorrespondentOctober 23, 2023 GBO CorrespondentOctober 23, 2023 By 2030, Saudi Arabia intends to increase its nuclear energy capacity by...
Banking and FinanceTop StoriesUAE completes sale of USD 1.5 billion 10-year bond with strong investor demandGBO CorrespondentSeptember 25, 2023 GBO CorrespondentSeptember 25, 2023 The successful completion of another sovereign bond by the UAE, is a...
Banking and FinanceTop StoriesAmid banking crisis, Fed Chair Jerome Powell decides against relaxing monetary policiesGBO CorrespondentMarch 24, 2023 GBO CorrespondentMarch 24, 2023 Fed chair Jerome Powell has now called SVB an outlier that had...
Banking and FinanceTop StoriesSilicon Valley Bank saga to force a change in Fed’s policy stance?GBO CorrespondentMarch 17, 2023 GBO CorrespondentMarch 17, 2023 Venture Capitalist Vinod Khosla and the OpenAI CEO Sam Altman have been...
Oil and GasTop StoriesChinese demand to drive oil sector growth in 2023: Morgan StanleyGBO CorrespondentMarch 6, 2023 GBO CorrespondentMarch 6, 2023 Morgan Stanley stated that it anticipates a rise in global oil consumption...
Banking and FinanceTop StoriesMENA witnesses 31% value drop in M&AGBO CorrespondentJanuary 16, 2023 GBO CorrespondentJanuary 16, 2023 Saudi Arabia generated 38% of total MENA fees in 2022, and the...
Banking and FinanceTop StoriesDespite strong job data, US economy not out of rut yet: BofAGBO CorrespondentDecember 14, 2022 GBO CorrespondentDecember 14, 2022 According to the BofA strategists, global equity funds lost USD 14.1 billion...