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    Oil up nearly 2% ahead of Opec output talks, global stocks gain

    04 Dec 2019

    Oil gained on Wednesday ahead of an expected extension to production curbs by Opec and its allies, with further support from industry data showing a larger

    Global stock markets sink on resurgent virus fears; oil down

    19 Jul 2021

    World stocks sank on Monday as the spreading Delta virus variant fuelled fears it could undermine the economic recovery, while oil prices tanked after leading producers finally agreed to hike output.

    Markets gain as investors hail preliminary US-China trade deal

    16 Dec 2019

    World stock markets rose on Monday, trading a notch below a record high hit last week on the back of a preliminary trade deal agreed between the United States and China.

    Stocks rattle as Trump says ‘no trade deal deadline with China’

    03 Dec 2019

    Global equities mostly retreated on Tuesday after US President Donald Trump warned there was no deadline for doing a trade deal with China.

    Global growth worries, Chinese tech rout drag Wall Street lower

    08 Jul 2021

    Wall Street’s main indexes fell sharply on Thursday as the spread of the COVID-19 Delta variant cast doubts over an economic recovery, while a rout in Chinese tech stocks appeared to have spilled across markets.

    IMF clears $650b expansion for vulnerable nations to fight virus

    09 Jul 2021

    The executive board of the International Monetary Fund approved a $650 billion expansion in resources to support economically vulnerable nations as they battle the coronavirus pandemic.

    G20 meet warns of risk to global recovery from COVID-19 variants

    10 Jul 2021

    The global economic recovery is at risk from the rise of new coronavirus variants and poor access to vaccines in developing countries, finance ministers of the world’s 20 largest economies warned on Saturday.

    World markets sink as traders panic over US-China trade war

    29 Nov 2019

    World shares slipped on Friday as a leading index strained for a record high, with investor nerves from Asia to Europe gnawing away over how or when the United States and China can agree a truce in their damaging trade war.

    IMF forecasts 6% global growth this year as economies reopen

    27 Jul 2021

    The International Monetary Fund (IMF) is sharply upgrading its economic outlook this year for the world’s wealthy countries, especially the United States, as COVID-19 vaccination

    UAE and US officials take up financial crime countermeasures

    13 Jul 2021

    A high-level delegation of UAE Banks Federation (UBF) Compliance Committee, led by UBF Director-General Jamal Saleh, held a meeting with Paul Ahern, Principal Deputy Assistant Secretary,

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