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Berlin’s new airport welcomes first flights

Berlin’s new international airport officially opened on Saturday with first flights operated by low-cost EasyJet and German national carrier Lufthansa. The flights touched down at Berlin Brandenburg Airport (BER) around 2:00pm (13:00 GMT) after flying in from nearby Tegel Airport and Munich, respectively. Many Germans had almost given up on the airport after years of …

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Jordan to enter days-long lockdown after poll results

Gov’t extends curfew hours as of Monday Prime Minister and Minister of Defence Bisher Al Khasawneh on Sunday announced that a nationwide lockdown will be imposed immediately following the announcement of the results of the parliamentary elections around 5pm on Wednesday, November 11, until 6am on Sunday, November 15. Speaking during a press conference that …

Jordan to enter days-long lockdown after poll results قراءة المزيد »

Germany upbeat about economic rebound despite virus fears

The German economy grew by 8.2 per cent in the third quarter and is forecast to shrink less than expected in 2020, official data showed on Friday, even as the country faces new shutdowns to contain a second coronavirus wave. Federal statistics agency Destatis said the rebound in July to September, coming after a historic …

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Facebook reports a decline in users in the U.S. and Canada

KEY POINTS Facebook stock remained relatively flat on Thursday after the company reported a decrease in users in the U.S. and Canada but moderate revenue growth in its third-quarter earnings. In the U.S. and Canada, Facebook’s user base fell to 196 million daily active users from 198 million a quarter earlier. The StopHateForProfit ad boycott did not …

Facebook reports a decline in users in the U.S. and Canada قراءة المزيد »

MARKETS Dow futures fall by more than 400 points as Apple and Amazon shares decline after earnings

U.S. stock futures fell in early morning trading Friday after some of the technology heavyweights came under pressure following their quarterly reports. Futures on the Dow Jones Industrial Average dropped 463 points. S&P 500 futures and Nasdaq-100 also traded in negative territory. Earlier, Dow futures fell more than 500 points. Shares of Apple fell more …

MARKETS Dow futures fall by more than 400 points as Apple and Amazon shares decline after earnings قراءة المزيد »

A new coronavirus variant is seen spreading across Europe, research says

KEY POINTS A new variant of the coronavirus, identified as 20A.EU1 by researchers from Switzerland and Spain, was first observed in Spain in June. It has been recorded in Spain at frequencies of above 40% since July, the study said. Elsewhere, the new variant of the coronavirus has increased from “very low” values prior to …

A new coronavirus variant is seen spreading across Europe, research says قراءة المزيد »

U.S. GDP booms at 33.1% rate in Q3, better than expected

KEY POINTS U.S. GDP accelerated at a 33.1% annualized pace in the third quarter, the Commerce Department reported. That was better than the 32% estimate from a Dow Jones economist survey. A surge in business and residential investment along with stronger consumer activity helped the economy after its worst-ever quarter in Q2. Coming off the …

U.S. GDP booms at 33.1% rate in Q3, better than expected قراءة المزيد »

Dow futures rise more than 100 points as Wall Street looks to recover from worst sell-off in months

U.S. stock futures rose in early Thursday morning trade after the worst day for the market in months. Futures tied to the Dow Jones Industrial Average gained 180 points. While futures for the S&P 500 and the Nasdaq 100 also traded in moderately positive territory. The move in futures comes after a sharp sell-off during Wednesday’s …

Dow futures rise more than 100 points as Wall Street looks to recover from worst sell-off in months قراءة المزيد »

Mark Zuckerberg just gave Facebook employees all of Thanksgiving week off

Facebook CEO Mark Zuckerberg is giving all U.S. employees the entire week of Thanksgiving off, according to an internal message he sent on Wednesday night. The move is meant to reward employees for the work they’ve done during “unprecedented challenges,” and could help bolster morale after the company’s moderation policies have come under fire from some …

Mark Zuckerberg just gave Facebook employees all of Thanksgiving week off قراءة المزيد »

Investors awaiting launch of Saudi derivatives market next week

The Saudi Stock Exchange (Tadawul) is close to launching the Derivatives Market to start trading of the kingdom’s first exchange-traded derivatives product. Many market analysts affirmed the launch, set to take place on Sunday, 30 August, will considerably benefit the Saudi stock market, being a new investment opportunity. It will enhance the market’s efficacy, emphasise its …

Investors awaiting launch of Saudi derivatives market next week قراءة المزيد »

Anger towards Emmanuel Macron grows in Muslim world

Protests take place in several countries against French president in aftermath of crackdown On the front page of a hardline Iranian newspaper, he was the “Demon of Paris”. In the streets of Dhaka he was decried as a leader who “worships Satan”. Outside Baghdad’s French embassy, a likeness of Emmanuel Macron was burned along with France’s flag. …

Anger towards Emmanuel Macron grows in Muslim world قراءة المزيد »

China’s young billionaires are riding the tech boom. Here are the 20 richest

China’s young billionaires amassed a combined fortune of more than $223 billion this year as the country enjoyed its fastest year of wealth accumulation, even as the world battles its worst economic crisis in decades. China had 60 billionaires below the age of 40 this year, according to the latest Hurun Rich List released last week. …

China’s young billionaires are riding the tech boom. Here are the 20 richest قراءة المزيد »

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