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Dubai
March 20, 2023
Bitcoin Near 9-Month High As Bank Turmoil Sparks Rally
to turn to digital assets. The biggest cryptocurrency by market value fell 1.8% in Asia hours to $27,549 after hitting…
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Dubai
March 20, 2023
Vaccine Makers Prep Bird Flu Shot For Humans ‘Just in Case’; Rich Nations Lock in Supplies
Some of the world’s leading makers of flu vaccines say they could make hundreds of millions of bird flu shots…
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Dubai
March 18, 2023
Credit Suisse Lifeline, First Republic Rescue: What You Need To Know
Credit Suisse headed into a make-or-break weekend after some rivals grew cautious in their dealings with the struggling Swiss lender,…
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Dubai
March 17, 2023
Dollar Retreats as Banking Support Prompts Relief Rally
The U.S. dollar slipped lower in early European trade Friday and riskier currencies rallied on easing concerns about a global…
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Dubai
March 17, 2023
Oil Prices Rise On OPEC+ Hopes, But Set For Steep Weekly Losses
Oil prices crept higher on Friday on the prospect of supportive measures by the OPEC+, although fears of an economic…
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Dubai
March 17, 2023
Asian Stocks Surge As Bank Bailouts Lift Spirits
Asian stock markets rose on Friday, recovering from a series of sharp losses this week as government and institutional support…
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Dubai
March 15, 2023
Zara Owner Inditex Reports Surge in Annual Profit As Sales Hit Record High
Zara-owner Inditex (BME:ITX) posted a 29% jump in annual profit despite a slowdown in top-line returns in the final quarter,…
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Dubai
March 15, 2023
ECB Likely To Stick To Big Rate Hike Despite Banking Turmoil, Source Says
European Central Bank policymakers are still leaning towards a half-percentage-point rate hike on Thursday, despite turmoil in the banking sector,…
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Dubai
March 15, 2023
Asian Stocks Rise As Bank Rout Eases, Markets Bet On Less Hawkish Fed
Most Asian stock markets rose on Wednesday, helped by a recovery in bank shares amid easing fears over a potential…
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Dubai
March 14, 2023
Volkswagen to Invest $193 Billion Over 5 Years To Hit EV Target
Volkswagen (ETR:VOWG_p) plans to invest 180 billion euros ($192.76 billion) over the next five years in areas including battery production…
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