By Sudip Kar-Gupta PARIS (Reuters) – France said Morgan Stanley would open a new European office in Paris, while two other companies announced a combined investment worth 700 million euros ($753.8 million), as the country prepared to host a key annual foreign investment summit. Finance Minister Bruno Le Maire said on Sunday that the new
CAIRO (AP) — The executive board of the International Monetary Fund confirmed a deal with Egypt to increase its bailout loan from $3 billion to $8 billion, in a move that is meant to shore up the Arab country’s economy which is hit by a staggering shortage of foreign currency and soaring inflation. In a
BEIJING (AP) — Uncertainty and “draconian regulations” have drastically raised risks for foreign businesses in China, a report by a European business group said Wednesday. The lengthy paper by the European Union Chamber of Commerce in China urges China’s leaders to do more to address concerns that it says have “grown exponentially” in recent years.