A panel outside the Hong Kong Stock Exchange displays top active securities during trading. Reuters
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.
Global stock markets rose on Friday as investors put economic growth fears and trade jitters to one side, deciding that they had had enough drama and losses for one week.
Asian and European stocks advanced on Tuesday, after Wall Street reached record peak on easing investor concerns over the economic impact of China’s coronavirus outbreak.
Robust earnings from Google-owner Alphabet and Twitter took the S&P 500 and Nasdaq indexes close to record levels on Friday, with data showing the domestic economy slowed lesser than expected in the second quarter providing support.
Al Jawaher Reception & Convention Centre (JRCC) has announced that it has signed an agreement with Marriott International to bring Courtyard by Marriott brand to Sharjah. Expected to open in 2023,
Etisalat Group announced on Tuesday its consolidated financial statements for the 12 months ending December 31, 2019. Aggregate subscriber base reached 149 million, representing Year over Year increase of 6 per cent.
Stock markets fell on Tuesday after Apple said the new coronavirus was hurting revenues, fuelling investors fears over the damage the epidemic is inflicting on corporate bottom lines.
The Abu Dhabi National Oil Company (Adnoc) announced, on Tesday, the award of two contracts for the construction of offshore facilities for the Dalma Gas Development Project located about 190 kilometers northwest of Abu Dhabi city.