CAIRO, Feb 9 (Reuters) - Analysts expect Egypt's central bank to cut its overnight interest rates by 100 basis points on Thursday, extending an easing cycle as inflation falls, a Reuters poll showed on Monday.
The median forecast of 14 economists surveyed in the poll is for the central bank's Monetary Policy Committee (MPC) to lower the deposit rate to 19.0% and the lending rate to 20.0%. The rate for deposits now stands at 21% and for lending at... (continue reading...)
By Terje Solsvik and Johan Ahlander
OSLO/STOCKHOLM, Feb 9 (Reuters) - Norwegian police are investigating two high-profile diplomats in a corruption probe announced on Monday, part of a widening scandal in the Nordic country and across Europe over prominent figures' ties to the late sex offender Jeffrey Epstein.
Mona Juul, who resigned from her post as ambassador to Jordan and Iraq on Sunday, is suspected of gross corruption while her... (continue reading...)
Feb 9 (Reuters) - Impactive Capital has nominated four candidates for election to the board of WEX at its upcoming annual shareholders' meeting, the activist investor said on Monday, ramping up pressure on the fintech company.
Impactive, which owns 6.4% of WEX, said its nominations would bring fresh perspectives and relevant expertise, restoring investor confidence and improving shareholder returns.
The activist investor's nominees... (continue reading...)
HAVANA, Feb 9 (Reuters) - Cuba warned international airlines that jet fuel will no longer be available on the island beginning on Tuesday in the latest sign of fast-worsening conditions as the United States moves to cut off the communist-run nation's oil supply.
The shortfall is set to last from February 10 through March 11, according to a Notice to Aviation (NOTAM) published late on Sunday, and comes just two days after top officials said air travel... (continue reading...)
BEIJING, Feb 9 (Reuters) - Chinese President Xi Jinping on Monday sent a message of condolences to Pakistani President Asif Ali Zardari over last week's deadly explosion in Islamabad.
Xi "strongly condemned the violence and terrorist acts against innocent civilians", and said China would support Pakistan in fighting terrorism, according to the state-run Xinhua news agency.
On Friday an attacker opened fire at the gates of a... (continue reading...)
More Reuters
View Older Stories-
Databricks valued at $134 billion in $5 billion fundraise, CNBC reports
-
Jimmy Lai's son urges UK to do 'much more' to win media tycoon's release
-
Canadian miner Vizsla Silver says abducted Mexico workers found dead
-
Major inflation shift needed for ECB rate change debate, says Kazimir
-
Fatal drone strikes on civilians persist in Sudan's Kordofan, UN says
-
Ferrari releases teaser images of new Luce electric sports car
-
Waters forecasts first-quarter profit below Wall Street estimates, shares slide
-
Ukraine opens up arms exports, seeking to cash in on wartime technology
-
UK deputy PM Lammy and senior minister Reed back Starmer
-
OpenAI CEO says ChatGPT back to over 10% monthly growth, CNBC reports
-
UK PM Starmer should quit, Scottish Labour leader says
-
Loews reports quarterly weakness on CNA's underwriting woes
-
Turkey's inflation-fighting quest risks stumbling again
-
Wall St slips as AI concerns linger, key economic data awaited
-
Arab states criticise Israel as it expands powers in occupied West Bank
-
Explainer-What is the two-state solution to the Israel-Palestinian conflict?
-
Activist HoldCo backs off two proxy fights after KeyCorp, Eastern make changes
-
Russian forces pressuring Pokrovsk as 'last battles' rage
-
Apollo, xAI near $3.4 billion deal to fund AI chips, The Information reports
-
Trump seeks to limit legal options for fired federal workers
-
Mexico inflation speeds up in January after new taxes go into effect
-
NATO expected to launch Arctic Sentry mission in coming days, sources say
-
UK's Starmer refuses to heed calls to quit over Mandelson scandal
-
BYD files lawsuit, seeks refund over Trump's US auto tariffs
-
Alphabet looks to raise about $15 billion from US bond sale, Bloomberg News reports
-
Brazil central bank head stresses policy calibration ahead of expected rate cuts
-
Workday names co-founder Aneel Bhusri as CEO in AI-driven shift
-
Nio recalls record 246,229 cars over software problem
-
German foreign minister to discuss sanctions, energy with Central Asian counterparts
-
Israeli forces kill four militants in Gaza, farmer also shot dead
-
Brazil inflation likely nudged up slightly to 4.44% in January as rate cut hopes grow: Reuters Poll
-
Takeda deepens AI drug discovery push with $1.7 billion Iambic deal
-
Sudanese nomads trapped as war fuels banditry and ethnic splits
-
US forces board Venezuela-linked oil tanker in Indian Ocean without incident
-
Kyndryl shares plunge as company discloses accounting review
-
Brazil's BTG Pactual posts strong result with Q4 profit up 40%
-
Spain's far-right Vox doubles its seats in Aragon regional vote
-
Novo Nordisk sues Hims & Hers over patent infringement
-
Lilly bets on next-generation cell therapy with $2.4 billion deal for Orna
-
Morning Bid: Tokyo takes off
-
Explainer-India-US trade pact and its impact on millions of Indian farmers
-
UK PM Starmer tells staff politics should be force for good
-
Migrants deported under UK-France scheme lacked translators and advice, report says
-
Freedom Holding considers HK share offering as part of growth plans, CEO says
-
UK expands visa route for Hong Kongers after Jimmy Lai sentencing
-
Apollo beats profit expectations as lending surges, assets jump to $938 billion
-
Imec opens 2.5 billion euros chip pilot line as Europe looks to strengthen AI hand
-
Eritrea calls Ethiopia's accusations of military aggression 'deplorable'
-
Symrise says U.S. Department Of Justice drops antitrust probe
-
Sweden to tighten citizenship rules amid push to cut immigration
