Dubai’s Record Rainfall Forces Flight Diversions and Floods City
Dubai flights have been severely disrupted and cars were left stranded on flooded roads after record rainfall over the past day brought the city to a standstill.
Dubai flights have been severely disrupted and cars were left stranded on flooded roads after record rainfall over the past day brought the city to a standstill.
The German economy — Europe’s largest — is set to avoid a winter recession thanks to a pick-up in manufacturing, rising exports and surging construction at the start of the year, according to the Bundesbank.
Iran warned Israel against attacking its nuclear facilities, threatening to respond in kind if atomic sites in the country are targeted.
Discover Financial Services, the lender that agreed to be acquired by Capital One Financial Corp. in the year’s biggest announced deal, posted a sharp drop in first-quarter profit as it worked to address compliance and risk-management deficiencies.
State-run TC Ziraat Bankasi AS, Turkey’s largest lender by assets, has secured a one-year sustainability-linked syndicated loan of $1.7 billion, a record amount with the widest participation for any Turkish bank.
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