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    Sterling gains on more stimulus hopes after Sunak scales back job support

    Sterling gains on more stimulus hopes after Sunak scales back job support

    25 Sep 2020

    Sterling rose against both the dollar and the euro on Friday as investors hoped Britain's new scaled-back job support scheme will be followed by other stimulus measures. Versus the...

    Asian shares mixed, cheered by US rally, stimulus hopes

    Asian shares mixed, cheered by US rally, stimulus hopes

    25 Sep 2020

    Asian shares other than those in China advanced Friday, cheered by a modest rally on Wall Street and rising hopes for fresh stimulus for the U.S. economy. Despite signs...

    Indian shares rebound on IT boost, state-run banks dip

    Indian shares rebound on IT boost, state-run banks dip

    25 Sep 2020

    Indian shares on Friday bounced back from their longest losing streak since February, boosted by IT stocks, although gains were capped due to pressure on lenders after India extended...

    Gold steadies as dollar rally cools, set for worst week in six

    Gold steadies as dollar rally cools, set for worst week in six

    25 Sep 2020

    Gold prices steadied on Friday as the dollar retreated and hopes for more US stimulus measures resurfaced, although the precious metal was on track to post its steepest weekly...

    Oil heading for weekly decline as coronavirus demand concerns mount

    Oil heading for weekly decline as coronavirus demand concerns mount

    25 Sep 2020

    Oil prices slipped on Friday and were set for a weekly decline due to mounting worries about the impact on fuel demand of a widespread resurgence in coronavirus infections,...

    In the long run, a no-deal Brexit could prove twice as damaging for the UK economy as coronavirus

    In the long run, a no-deal Brexit could prove twice as damaging for the UK economy as coronavirus

    24 Sep 2020

    Jonathan Portes, The Independent Will Covid-19 mean that we don’t notice a no-deal Brexit? The continuing effects of the pandemic may mitigate or obscure – politically or economically –...

    UAE strengthens commitment to back joint GCC economic plans

    UAE strengthens commitment to back joint GCC economic plans

    24 Sep 2020

    Dr Sultan Bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, chaired the virtual meeting of the Industrial Cooperation Committee of the Gulf Cooperation Council on Thursday. At the...

    Global shares slide as hopes of economic recovery fade

    Global shares slide as hopes of economic recovery fade

    24 Sep 2020

    An index of stocks across the globe fell on Thursday and the dollar rose for a fifth session running on lingering concern about another economic hit from the coronavirus pandemic....

    UAE supports efforts to reinforce international trade, investment

    UAE supports efforts to reinforce international trade, investment

    24 Sep 2020

    The UAE confirmed its commitment to supporting all global efforts to reinforce international trade and investment. This statement was made during the country’s participation in the closing meeting of G20...

    Abu Dhabi, Saudi trade at Dhs493.8 billion

    Abu Dhabi, Saudi trade at Dhs493.8 billion

    24 Sep 2020

    The value of non-oil trade in goods between the Emirate of Abu Dhabi and Saudi Arabia amounted to Dhs493.8 billion over the past 10 years, in yet a new testament...

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