Category Archives: Finance

Wall Street Closing

New York, U.S. stocks recovered from earlier losses Friday. The Dow Jones industrial average fell 17.53, or 0.1 percent, to 25,383.11. The S&P 500 index rose 14.58, or 0.5 percent, to 3,044.31. The Nasdaq composite index rose 120.88, or 1.3

Al-Jadaan: Gradually Reopening Economic Activities Affirms Government’s Role in Supporting Economic Development and Is A Positive Step Towards Improving Economic Performance

Riyadh– Coinciding with the issuance of the Custodian of The Two Holy Mosques approval to gradually reopen economic activities as of Thursday, 5 Shawwal 1441 AH, corresponding to May 28, 2020 AD, and the plan to gradually lift the curfew

Saudi Arabia And Some Members Of (OPEC) Consider Extending Production Cuts Until The End Of This Year

Baghdad, Sources in the OPEC + and the Russian oil sector confirmed that: “Saudi Arabia and some other OPEC oil producers are considering extending production cuts until the end of 2020, but they have not yet obtained Russian support. The

Wall Street Closing

New York, U.S. stocks ended lower Thursday. The Dow Jones industrial average fell 147.63, or 0.6 percent, to 25,400.64 The broader Standard & Poor’s 500 index fell 6.40, or 0.2 percent, to 3,029.73. The technology-heavy Nasdaq composite index 43.37, or

European Commission chief to present virus economic recovery plan

Brussels, The president of the European Commission, Ursula von der Leyen, is due to present an official proposal for Europe’s economic recovery from the effects of the coronavirus pandemic on Wednesday, dpa reported. Von der Leyen seeks to link the recovery plan to

Emirates’ Stock Exchanges Gain 6.4b Dirhams, as Post Eid Trading Resume

Abu Dhabi, Emirates’ stock exchanges resumed trading following the Eid holiday, with companies traded stocks capital valuation gaining about 6.4 Emirates Dirhams, as the session closed. The General Index of Abu Dhabi Stock Exchange rose to 4133 points level, an

Swedish Economy on Track for 7% Contraction this Year – Fin Min

Stockhlom, Sweden’s economy is on track to shrink 7% this year, in line with the government’s forecast from its spring budget, Reuters quoted Finance Minister Magdalena Andersson as saying on Tuesday. “Our best forecast today is negative GDP growth of

Japanese Stock Indices Rise in Morning Trading

Tokyo, Japanese stock indices rose in morning trading on the Tokyo Stock Exchange today (Tuesday). The Nikkei 225 index increased by 455.39 points, or 2.20%, to 21,197.04 points in morning trading at 1130 am local time (0230 GMT). The broader