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Stocks News : The U.S. economy was slowing last year, but many companies entered 2020 with reasons to be optimistic and expansion plans to match. Hotel construction around the country had never been busier. Airline employment continued to climb to the highest levels in more than 16 years. Retail sales in December were up for […]

The Amman Stock Exchange (ASE) on Sunday resumed trading after an about two-month suspension due to the coronavirus pandemic, and opened today’s session with a drop to 1,656 points The market index fluctuated in the first 15 minutes of the session between 1,656 and 1,661 points with a trading volume of JD 261 thousands.

STOCKS NEWS 24 — Global stock markets rose on Friday as optimism over the easing of coronavirus lockdown measures and reopening economies outweighed signs that the planet may be headed for its worst downturn since the Great Depression. A massive drop in employment in the United States last month, although historic, was not quite as

BEIRUT — Lebanon has arrested the head of the money exchange union as it battles to stabilise the value of the country’s nose-diving currency on the black market, a security official said on Friday. “The head of the money changers’ syndicate, Mahmoud Mrad, was arrested (Thursday) at the request of Lebanon’s financial prosecutor” on charges

Stocks News: U.S. President Donald Trump said on Friday he was “very torn” about whether to end the so-called Phase 1 U.S.-China trade deal, just hours after top trade officials from both countries pledged to press ahead with implementing it despite coronavirus economic wreckage. In an overnight phone call, U.S. Trade Representative Robert Lighthizer, Treasury Secretary Steven Mnuchin and Chinese Vice

Stocks News : While low prices for ‘black gold’ keep shaking the world’s economies, and major oil-exporting nations are trying to weather the trend, the Russian national currency has proven it still has an ace up its sleeve. The collapse of oil prices at the start of March after Russia withdrew from the OPEC+ deal

Stocks News: Britain is to introduce a 14-day quarantine period for almost everyone arriving into the country to avoid a second peak of the coronavirus pandemic, The Times newspaper reported on Saturday. It said Prime Minister Boris Johnson will say in an address to the nation on Sunday that passengers arriving at airports and ports,

Bitcoin miners, whose computer processors enable the running of the world’s most popular virtual currency, will soon face an event that takes place every four years and alters the profitability of the hi-tech industry. The so-called halving is when cryptocurrency-mining companies and individuals find out the reduced payment that they will receive in return for

Apple is gearing up to open its US stores to customers again, nearly two months after the coronavirus pandemic forced them shut. The company said Friday that it will reopen some retail outlets next week across four states — Idaho, South Carolina, Alabama and Alaska. Apple (AAPL) did not reveal how many stores will reopen, but it has a

The 26-year old tech worker spent the last year jumping from one startup to another in what already felt like a precarious job market. But when he was laid off again in January, this time from a Beijing-based internet company, he never expected things to become as difficult as they are. Last year “already felt like living in

Stocks News : ING Groep NV reported a 36% fall in first-quarter pretax earnings that beat forecasts as the Netherlands’ largest bank booked higher loan loss provisions but retail operations held up well. Earnings fell to 1.02 billion euros ($1.11 billion) from 1.58 billion but easily beat the 549 million forecast by analysts, Refinitiv Eikon data

Stocks News : Siemens on Friday said it expected “even stronger impacts” from the coronavirus pandemic in the weeks ahead as it ditched its 2020 guidance and posted an 18% drop in industrial profit during its second quarter. The trains to industrial software maker said it now expected a “moderate decline” in comparable full year revenue.