Huawei’s CFO and U.S. Attorneys reached an agreement and flew back to China Business and Economic News

Officials said that Huawei’s chief financial officer Meng Wanzhou had reached an agreement with US prosecutors to end the bank fraud case against her. This move allowed her to leave…

“Totally untrue”: Georgieva of the International Monetary Fund opposes the World Bank investigation | Bank News

This report puts Kristalina Georgieva, managing director of the International Monetary Fund, at risk of weakening her authority in the weeks leading up to the annual meeting of global finance…

UNDP’s Steiner on climate statistics that kept him awake at night | Business and Economic News

New York City, U.S.—— United Nations Development Program (UNDP) Administrator Achim Steiner told Al Jazeera that the world must use trillions of dollars of coronavirus pandemic recovery and stimulus measures…

Turkey: Student housing protest highlights soaring housing prices | Business and Economic News

Istanbul, Turkey- Hassan Dogan said that when he was preparing to spend another night in Istanbul Park, he was not bothered by the cold and rain. This fourth-year graphic design…

South African Airways resumes flights after bankruptcy

SAA has survived for decades under government assistance, and even abandoned its routes before the outbreak of the COVID-19 pandemic. The troubled South African national airline has its first aircraft…

The former U.S. Secretary of Defense testified that he was deceived by Elizabeth Holmes. Business and Economic News

Theranos founder Elizabeth Holmes faces 20 years in prison after being accused of lying to investors and patients about the capabilities of his company’s blood testing machines and the company’s…

US Economy: The Fed says it “may be necessary soon” to reduce the scale of debt purchases | | Business and Economic News

On Wednesday, the U.S. central bank prepared for the possibility of starting to withdraw some of the special support provided to the economy during the pandemic. One of the biggest…

UAE, India hope to double trade to at least $100B in five years | Business and Economic News

In the face of increasingly fierce regional competition from Saudi Arabia, the United Arab Emirates is striving to improve its status as a global business and financial center. go through…

UBS trader sues employer, claiming that “stress” damages mental health | Business and Economic News

A 35-year veteran of Swiss Bank UBS is seeking US$273,000 in damages, claiming that he has suffered a “punitive workload” that harmed his mental health. A UBS trader sued his…

India’s largest electric scooter company calls for stop using gasoline vehicles | Automotive Industry News

Hero Electric’s Naveen Munjal said that the transition to electric transportation will be “much slower” if market forces are left. go through Rajini SaxenaBloomberg India’s largest manufacturer of electric scooters…

Enticed by the promise of high returns, thousands of people provide cash to Evergrande | Bankruptcy News

Enticed by the promise of a yield close to 12%, gifts such as Dyson air purifiers, Gucci bags, and guarantees from China’s best-selling developers, tens of thousands of investors have…

China Evergrande said it would pay on time for bankruptcy news

The main department of China Evergrande Group has stated that it will pay the coupons on domestic bonds on time, which provides some relief to the nervous market due to…

Saudi Arabia’s wealth fund plans to issue green bonds “soon” | Business and Economic News

The Saudi Public Investment Fund has been increasing investment in companies that have benefited from the fossil fuel transformation, which reflects Saudi Arabia’s broader strategy of diversifying its economy and…

The crisis is escalating, and the British power company stops attracting new customers. Business and economic news

The British government held an emergency meeting with small power suppliers on Tuesday, and by late afternoon, Igloo, Green, Ampower, Utilita and NEO Energy had posted notices on their websites…

Is the Evergrande crash a moment for China’s Lehman Brothers? | Business and Economic News

After Lehman Brothers declared bankruptcy on September 15, 2008, photos of hundreds of employees walking out of the New York City headquarters with boxes in their hands became one of…