Traders work at the post where Walt Disney stock is traded on the floor of the New York Stock Exchange. Reuters
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
Global stock markets rose on Friday after JP Morgan›s results kicked off the US corporate earnings season in style, while signs of stabilisation in China›s economy also helped riskier assets on views the growth outlook worldwide is better than thought.
Walt Disney Co priced its highly anticipated streaming video service below Netflix in an aggressive move to challenge the dominant streaming service and entice families to buy yet another monthly subscription. Disney said its new family-friendly streaming service will cost $7 monthly or $70 annually with a slate of new and classic TV shows and movies from some of the world’s most popular entertainment franchises
Major Indian indices − Sensex and Nifty − closed at their highest-ever on Tuesday riding strong and sustained foreign fund inflows and bets of yet another rate cut over a near-normal monsoon forecast. Both indices touched their all-time highs − Sensex at 39,364.34 and Nifty 11,810.95 − during the early trade and mostly held on to the gains
Eng. Sultan Bin Saeed Al Mansoori, UAE Minister of Economy, issued a ministerial decision approving the status of Economic Concentration in the UAE market for the upcoming acquisition of Careem — one of the leading start-ups
Construction consultancy Jacobs Mace has been named Expo 2020 Dubai’s Official Programme Delivery Management Provider, strengthening an already successful relationship and supporting Expo’s ambition to deliver a worldclass site
Chief Minister of the north Indian State of Himachal Pradesh, Jai Ram Thakur, has urged Indian business leaders in the UAE to participate in the development of the state by investing in promising sectors and assured them attractive returns on their investment.