The world’s largest economies delivered more worrisome cues on Monday as anxiety over the virus outbreak sent stock and oil prices plunging and closed sites from the Sistine Chapel to Mideast schools.
The iPhone maker attained the distinction in mid-morning trading and was up 1.1 per cent at $467.18 near 1545 GMT. The company had previously become the first giant to hit $1 trillion in market value in March 2018.
The outreach is part of Dubai FDI’s overall strategy of virtual engagement in 2020, presenting an array of investment opportunities during the period when in-person trade missions have been affected by COVID-19 restrictions.
The pan-European STOXX 600 index rose 2.7% at 0716 GMT - hitting its highest in almost a month, with governors of several hard-hit U.S. states pointing to tentative signs the outbreak might be starting to plateau.
The British aero-engine maker jumped 15.4% after losing more than half its value this year, as it secured an extra 1.5 billion pounds ($1.8 billion) in reserves, even though it suspended its dividend for the first time since 1987.
Gold struck a seven-year pinnacle above $1,700 an ounce on Tuesday as massive Fed stimulus floods markets with dollars, weakening the greenback and sending investors running to the precious metal, analysts said.
Saudi energy Minister Khalid al-Falih said on Saturday that he hopes oil producers will be able to balance the oil market before next year. “We hope that we will balance the market before next year.
Estonia’s Bolt, which until early 2019 was called Taxify, will on Tuesday re-enter the competitive London taxi market, promising cheaper rides to passengers and a better cut to drivers
US stock indexes fell on Wednesday as uncertainty around the outcome of a tightly contested midterm election weighed on the mood, with investor focus shifting to Thursday’s inflation data for clues on the path of future interest rate hikes.