Ukraine's President Volodymyr Zelenskiy on Friday at a meeting with the International Monetary Fund promised to safeguard the central bank's independence and supported a comprehensive investigation of abuses in the banking sector.
Taiwan is pitching India as a potential business destination to its tech, auto, renewable energy and farm sector firms as the United States' trade war with China has pushed its companies to look for newer markets, two officials said on Friday.
The aviation industry is bracing for double-digit insurance premium hikes for the first time in about 15 years, as insurers wrestle with higher costs from aircraft groundings, including the grounding of Boeing Co's (BA) 737 MAX jets following two fatal crashes, insurance executives said this week.
Argentina's hard-hit economy edged out of recession in the second quarter of the year, expanding by a slight 0.6% on the back of a strong showing in the farming sector even as the South American nation braces for a weakening economic outlook ahead.
U.S. stocks opened higher on Thursday, boosted by Microsoft Corp and energy stocks, a day after the Federal Reserve cut rates as expected but played down hopes of further monetary easing.
Improvement in liquidity and the capital adequacy ratios of Turkey's banking sector, as well as lower interest rates are likely to boost loan growth, Turkey's central bank said on Thursday. In the minutes of last week's monetary policy committee meeting, it said the outlook for economic activity will depend largely on the pace, scope and sustainability of the normalisation in credit conditions.
Some 15 executives from companies associated with the tourism industry, such as American Express (AXP) and Marriott (MAR), have urged the U.S. government to renew federal funding of Brand USA, which promotes the United States as a travel destination.
Kuwait's oil sector is on high alert and has raised its security to the highest level as a precautionary measure in the wake of the weekend attack on Saudi Arabia's oil facilities, a Kuwaiti oil official said on Wednesday. The oil-rich Gulf state has said it stands behind Saudi Arabia, condemning attacks last Saturday that struck the world's biggest crude oil processing facility.
U.S. homebuilding surged to more than a 12-year high in August as both single- and multi-family housing construction accelerated, suggesting that lower mortgage rates were finally providing a boost to the struggling housing market. The report from the Commerce Department on Wednesday also showed permits for future home construction rose to levels last seen in 2007.
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