Riyadh, Saudi Arabia.Xavierarnau | E+ | Getty ImagesSaudi Arabia is moving full steam ahead with its focus on domestic investment — and with that, higher requirements for foreigners coming to the kingdom to take capital elsewhere.The kingdom's $925 billion sovereign wealth fund, the Public Investment Fund, saw its assets jump...
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Boeing pauses tests of 777X aircraft after finding damage to one of the jets structures
A Boeing 777x aircraft during an aerial display on the opening day of the Farnborough International Airshow in Farnborough, UK, on Monday, July 18, 2022.Jason Alden | Bloomberg | Getty ImagesBoeing said Monday that it has paused flight tests of its 777X after it found damage in a structure of...
Top Wall Street analysts are upbeat about the potential of these 3 stocks
The July consumer price index reading indicated cooling inflation and July retail sales addressed investors' fears about an economic slowdown. They also boosted hopes of an interest rate cut at the Federal Reserve's upcoming meeting in September.Amid improving market sentiment, investors looking for some good stocks can rely on top...
U.S., China sign agreement to cooperate on financial stability
A bank employee count China’s renminbi (RMB) or yuan notes next to U.S. dollar notes at a Kasikornbank in Bangkok, Thailand, January 26, 2023.Athit Perawongmetha | ReutersBEIJING — The U.S. and China last week signed agreements for cooperating on financial stability, according to a People's Bank of China readout Monday.The...
Dolce & Gabbana launches $100 perfume for dogs inspired by owner’s poodle
Passers-by are reflected on the window of a Dolce & Gabbana luxury fashion house boutique displaying their new perfume for dogs called 'Fefé' in central Rome, on August 8, 2024. Dolce & Gabbana has launched a new alcohol-free dog fragrance certified suitable for animal use called "Fefé" in honor of...