English News
-
European markets close lower as tech and bank stocks slide; HSBC down 5%
KEY POINTS Shares of UBS finished flat after the Swiss bank’s latest earnings beat expectations for the first quarter . Meanwhile,…
أكمل القراءة » -
Elon Musk buys Twitter for $44 billion
Billionaire Elon Musk has reached a deal to acquire Twitter for about $44 billion cash in a transaction that will…
أكمل القراءة » -
Abu Dhabi-Based Masdar Joins Consortium To Produce Green Hydrogen In Egypt
Key details The state-owned firm signed two memoranda of understanding (MoUs) with Hassan Allam Utilities, the investment and development arm…
أكمل القراءة » -
Oil Tumbles Over 5% As China’s COVID-Related Lockdown Clouds Demand Outlook
Key details With high volatility in commodity prices, Brent for June settlement plummeted by $5.25, or 4.88%, to $101.44 per…
أكمل القراءة » -
European stocks fall 2% as global sell-off, China Covid concerns batter sentiment
KEY POINTS European stocks opened sharply lower on Monday as investors digest the projected result of the French presidential election…
أكمل القراءة » -
Gold heads for weekly fall as rising bond yields, dollar weigh
Gold prices fell on Friday as the prospect of aggressive interest rate hikes boosted U.S. Treasury yields and…
أكمل القراءة » -
Oil extends losses on growth concerns and Shanghai lockdown
KEY POINTS Brent crude futures were down $1.48, or 1.4%, at $106.85 a barrel . U.S. West Texas Intermediate (WTI)…
أكمل القراءة » -
European markets trade lower after Fed’s Powell signals a rate hike next month
KEY POINTS Data out in the United Kingdom showed retail sales volumes dropping above expectations in the month of March,…
أكمل القراءة » -
Dollar edges up after pullback amid caution as finance ministers meet
A series of hawkish comments amplified bets that the European Central Bank would soon hike interest rates, lifting…
أكمل القراءة » -
Oil climbs, with Brent up nearly 2% following loss in previous session
Oil prices traded higher but in a narrow range on Thursday, after being rocked earlier in the week…
أكمل القراءة » -
Gold nudges lower as U.S. bond yields resume charge
Gold prices slipped 1% to a two-week low on Thursday hit by rising U.S. Treasury yields and as…
أكمل القراءة » -
European markets trade higher; Ukraine war remains in focus
KEY POINTS European stocks traded higher Thursday as investors keep an eye on developments in the war between Russia and…
أكمل القراءة »
