A worker shelters from the rain under a Union Flag umbrella as he passes the London Stock Exchange in London. Reuters/File
Stock markets on both sides of the Atlantic rose on Friday, hailing US jobs data that confounded expectations, showing the lowest unemployment rate in half a century.
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,
LONDON: London Stock Exchange (LSE), on Thursday welcomed the UAE-based Finablr, a global payments and foreign exchange company, to open its London’s markets for trading and to celebrate the listing of the company’s shares on the Premium Segment of the Main Market of London Stock Exchange.
With Gross Domestic Product (GDP) growth sliding to a six-year low of 5 per cent in the April-June quarter along with several sectors facing a slowdown, Finance Minister Nirmala Sitharaman on Saturday
The Sharjah Chamber of Commerce & Industry (SCCI) recently organised a business meeting, which brought together 130 representatives of companies, factories, and retailers of economic establishments operating in the manufacturing sector in Sharjah.
Hong Kong’s exchange refused to give up on its bid to take over the London Stock Exchange after the British bourse emphatically rejected its $39 billion takeover offer on Friday.