People walk in front of a bank electronic board showing the Hong Kong share index on Friday. Associated Press
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.
Stocks are drifting in subdued trading on Tuesday morning, a rare calm day in what is likely to be Wall Street’s worst quarter of performance since the 2008 financial crisis.
World stock markets advanced Monday, helped by investor confidence in upcoming US quarterly earnings and the business outlook, and by hopes for progress towards a coronavirus vaccine, dealers said.
The UAE business community greeted Highness Sheikh Mohamed Bin Zayed Al Nahyan for being elected as the President of the UAE.
Wheat prices surged to a new record high in European trading on Monday after India decided to ban exports of the commodity as a heatwave hit production.
The 21st edition of the annual Airport Show hosted by Dubai, the world’s largest annual airport event, to open its doors on Tuesday at the Dubai World Trade Centre (DWTC)
Under the deal, the biggest in India since 2018, Adani Group will pay $6.4 billion in cash to acquire Holcim's 63.1% stake in Ambuja Cements Ltd and 54.5% holding in ACC Ltd. The rest of the companies' shares will be bought via an open offer.