Top officials of the SmileDirectClub debut their company’s IPO at the Nasdaq MarketSite in New York on Friday. Reuters
European shares extended losses early on Monday from the biggest weekly slump this year as the U.S.-China deadlock quelled hopes that the two largest economies will be able to resolve their trade dispute anytime soon. The STOXX 600 index dropped 0.5 per cent by 0855 GMT to hit 7-month lows.
It was a stark warning about the risks ahead for the global economy, even by the forthright standards of the boss of the Organisation for Economic Co-operation and Development (OECD).
Stronger-than-expected Chinese export data helped push global stock markets higher on Thursday following a volatile week that had investors scrambling for safety due to fears of a worldwide economic pullback.
President Donald Trump’s administration is considering delisting Chinese companies from US stock exchanges, three sources briefed on the matter said on Friday, in what would be a radical escalation of US-China trade tensions.
The key Nikkei 225 index fell 0.44 percent, or 99.75 points, to 22,614.69 while the broader Topix index was down 0.34 percent, or 5.44 points, at 1,571.71.
Stock markets rallied on Monday, with fresh signs of economic recovery resonating with investors more than a surge in coronavirus infections worldwide.
Effective 12th July, 2020, the Central Bank of the UAE, CBUAE, will introduce a new deposit facility named Overnight Deposit Facility (ODF), which will enable conventional banks operating in the UAE to deposit their surplus liquidity at CBUAE on an overnight basis.
Pushing ahead its agenda of creating a holistic, development-oriented environment for the UAE’s entrepreneurial community amid the socioeconomic economic challenges brought on by the Coronavirus (COVID-19) pandemic, the Sharjah Entrepreneurship