It’s the type of coordinated change that characterised how central banks responded to the financial crisis. Reuters
Quarterly results from four of the largest US banks showed that American consumers are helping to prop up the economy, even as recession fears have led businesses to pull back on spending and borrowing.
In a statement published on the Dubai Financial Market website, the Dubai-based bank explained, "The largest purchase by one single investor was 10,116,892 shares on this date (28th May 2020)."
The Federal Reserve meets this week amid mixed signals on the health of the US economy, with some major sectors bouncing back from the coronavirus-caused downturn and others struggling.
Mercury Payments Services was acquired by Unitey Digital in January 2022 to democratize financial services for a large unaddressed market in UAE.
Cryptocurrency companies will need a licence and customer safeguards to issue and sell digital tokens in the European Union under groundbreaking new rules agreed by the bloc to tame a volatile “Wild West” market.
Global manufacturing struggled in June as higher prices and a darker economic outlook left consumers wary of making purchases, while China’s strict COVID-19 lockdowns and Russia’s invasion