ChinaEconomy

Galaxy with first-half loss of 106.7 million euros in Macau

Gaming operator Galaxy, with four casinos in Macau, today announced a loss of 850 million Hong Kong dollars (106.7 million euros) in the first half of this year. Macau gaming operator Galaxy with a loss in Macau of 106.7 ME in the first half. The result contrasts with…
AngolaEconomy

Dubai royal family wants to invest in Angola

The president of the MBM group, an investment holding linked to the Dubai royal family, Sheik Mohammed bin Maktoum Bin Juma Al Maktoum, Tuesday in Luanda, expressed interest in investing in the Agriculture and Health sectors. The member of the Dubai ruling family made the…
AngolaEconomy

Fitch improves outlook on Banco Angolano de Investimentos

BAI – Banco Angolano de Investimentos said today that the rating agency Fitch “recognises the systemic importance of BAI” in the Angolan financial system, following the improvement of the outlook on the bank’s rating. The Fitch Ratings agency said…
Economy

UK inflation hits new 40-year high as food prices rocket

British inflation surged to a new 40-year high in July on soaring food prices, official data showed Wednesday, adding to a cost-of-living crisis as the country faces the prospect of recession. The Consumer Prices Index (CPI) accelerated to 10.1 percent last month from 9.4…
Sports

Musk says tweet about buying Manchester United was a joke

Elon Musk tweeted on Tuesday that “I’m not buying any sports teams”, calling a viral post about him purchasing Manchester United a joke. The world’s richest man has a habit of posting provocative statements on Twitter for fun and Musk was at it…
Economy

Eurozone registers trade deficit of 24.6 billion euros in June

In June, the euro zone recorded a deficit of 24.6 billion euros in the trade balance of goods, while in the European Union as a whole the deficit reached 34 billion euros, Eurostat reports this Tuesday. According to the European Union (EU) statistical service, the deficit…