The German share price index DAX graph at the stock exchange in Frankfurt on Monday. Reuters
Global equities mostly retreated on Tuesday after US President Donald Trump warned there was no deadline for doing a trade deal with China.
European and US stocks climbed on Friday as investors kept a watch on developments at a G20 summit in Japan, where US President Donald Trump and Chinese counterpart Xi Jinping are due to hold key trade talks.
President Donald Trump sent Asian and European stock markets plunging on Monday by threatening to hike tariffs on $200 billion of Chinese goods in a bid to speed up stuttering trade talks between the economic superpowers. Equities in Asia, Europe and the US were a sea of red as Trump›s remarks rekindled fears of a trade war with potentially devastating consequences for world growth.
Boeing Co’s 787 Dreamliner has returned to the world market for newly delivered aircraft at a time when demand for wide-body jetliners is finally stirring to life after a prolonged slump.
Global rating agencies S&P and Fitch on Friday lowered Ukraine’s foreign currency ratings to selective default and restricted default as they consider the country’s debt restructuring as distressed.
AD Ports Group announced its financial results for the quarter ended 30 June 2022. The Group’s revenue grew 35% Year-on-Year to Dhs1,242 million in Q2 2022