Jumia Nigeria CEO Juliet Anammah rings the ceremonial bell when the company’s stock begins trading on the New York Stock Exchange on Friday. Associated Press
Stock markets rose on Tuesday to new six-month highs after reassuring data about the health of China›s economy and economic sentiment in Germany helped investors brush aside disappointing bank earnings. The latest leg higher in a three-month long global rally comes as a degree of calm has descended across financial markets,
The New York Police Department (NYPD) was trolled mercilessly on Twitter after it posted about "closely monitoring" the fire at the iconic Notre Dame Cathedral in Paris.
Uber Technologies has 91 million users, but growth is slowing and it may never make a profit, the ride-hailing company said in its IPO filing. The document gave the first comprehensive financial picture of the decade-old company which was started after its founders struggled to get a cab on a snowy night and has changed the way much of the world travels.
Ahead of the fourth quarter results of the IT heavyweights Infosys and TCS, and key macro data release, major equity indices ended the week on a higher note led by gains in banking stocks. The BSE Sensex closed 160.10 points or 0.41 per cent higher at 38,767.11. The broader Nifty finished 46.75 points or 0.40 per cent higher at 11,643.45. “Market turned positive despite a weak rupee as investors
The BSE Sensex hit another lifetime high of 40,030.86 on Thursday morning as the ruling National Democratic Alliance (NDA) won majority in the Lok Sabha vote count. The VIX, or the volatility index, dropped by over 27 per cent to 20.15 from the 30 that it had hit on Wednesday when fresh nervousness gripped investors ahead of counting day.
Indian Prime Minister Narendra Modi promised to unite the country on Thursday after a big election win, with his party on course to increase its majority on a mandate of business-friendly policies and a tough stand on national security.
Sharjah Investment and Development Authority (Shurooq) has officially started the construction of QATRA, a joint venture with BESIX Group to develop new water reuse plant in Sharjah’s Al-Sajaa industrial area. Set for a January 2020 completion, the plant will produce 5,000 cubic metres
The prestigious Icons club launched an iconic coffee table book, which include many inspiring stories of UAE business tycoon’s journey. Present on the occasion were honourable Vipul - Consul General of India in Dubai, Rizwan Sajan, Chairman of Danube Group and Icons Club along with other members of the club.