Friday, June 22, 2018

Dubai’s foreign investment stocks on the rise

The Dubai Statistics Center said Dubai’s foreign investment stocks in 2016 reached US$137.5bn, which is an increase of 23.3% from the previous year. Arif Al Mehairi, executive director of Dubai Statistics Center told Dubai Media Office: “Dubai’s competitive...

Asian markets fall while oil markets went up

As US President Donald Trump dragged the country out of the Iran deal, share prices rattled in Asia. While mining, energy and banking sectors showed positive returns, most markets witnessed slight declines. Japan’s Nikkei 225...

Can Tesla Model 3 Lead Market Segment Like Tesla Model S Does?

Recently famed Apple analyst Gene Munster predicted market share gains ahead for Tesla based on a survey executed by his firm Loup Ventures. It turns out there are other indictors that point to market share gains down...

Crude oil futures up a little as market eyes US tariff news

Crude futures were paring the previous day's falls in the European morning Friday, as the market awaits further signals on oil fundamentals and from equity markets later in the day. At 1130 GMT, May ICE...

MS Drug Daclizumab (Zinbryta) Pulled From the Market

Biogen and AbbVie are voluntarily taking daclizumab (Zinbryta) for relapsing multiple sclerosis (MS) off the market worldwide because of mounting concerns about safety, including reports of severe liver damage and immune-related conditions, the companies...

Wall Street sees the lowest crash in 6 years

The crash affected markets all over the globe On Monday, Wall Street faced its worst day in a long time as stock price had a bad fall on a trading day. The Dow Jones Industrial...

U.S. Labour Market Improves in November

The U.S. labour market had strong growth in November, showing signs of near full recovery since the hurricanes hit. The impressive growth has caused many analysts and politicians to try and convince President Trump...

UK house price growth slowing, says Halifax

The growth in UK house prices is continuing to slow, according to the country's largest lender, the Halifax. It said average prices rose by 3.9% in the year to the end of November, down from...

Pound Drops As Investors Pull Profits

The United Kingdom and its currency are having a good week on the back of positive news regarding Brexit. The increase in pound however, was so strong and unexpected that investors decided to cash...

Oil Prices Rise as Chinese Demand Increases

The price of crude oil was up 2 percent in the first week in December, due to strong demand from China. A potential strike in Africa’s largest oil exporter was also a factor. It...

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