Latest Global News
26th April 2021AfricaTotal confirms suspension of gas project in Mozambique
The Mozambique LNG project, led by Total within a consortium, represents a total investment of 20,000 million euros (24,000 million dollars).
22nd April 2021Credit Suisse losses € 228m after an impact of more than € 4,000m by the Archegos fund
Credit Suisse's adjusted net profit between January and March 2021 reached 3,596 million francs.
21st April 2021Coronavirus surge spreads to global financial markets
Financial markets around the world are realising the risks of another coronavirus outbreak.
20th April 2021Bitcoin falls from recent high as cryptocurrencies take a hit over the weekend
The bitcoin price fell as low as $ 52,148.98 on Sunday morning, days after hitting an all-time high above …
15th April 2021MENAQatar may allow full foreign ownership, stocks rise
Qatar's cabinet approved a bill on Wednesday that would allow non-Qatari investors to own up to 100%.
14th April 2021North AmericaCoinbase Global Inc to be listed on Nasdaq, latest step in crypto's march to the mainstream
Coinbase Global Inc, the largest cryptocurrency exchange in the US, will be listed on the Nasdaq on Wednesday, marking …
13th April 2021MENAAbu Dhabi IHC adds stake in the main constructor in the United Arab Emirates with the latest agreement
Abu Dhabi IHC acquires 45% stake in construction giant Alpha Dhabi Holding.
13th April 2021Stocks erase gains, US futures fall as yields rise
Asian stocks erased their gains on Tuesday and US equity futures fell as traders wait for inflation data
12th April 2021Stocks retreat after inflation risks
The stock fell after the record of the S&P 500.
9th April 2021MENAOil rises as OPEC + officially announces plan to gradually increase production
The Organization of the Petroleum Exporting Countries and its allies officially announced an agreement to gradually raise production starting …
8th April 2021European stocks hover at record highs
European stocks hovered near record highs on Wednesday as investors awaited data on service sector activity for the region, …
6th April 2021Credit Suisse estimates Archegos fallout at $4.7 billion
The Swiss bank says that chief risk officer Lara Warner and Brian Chin, chief executive of its investment bank, …
6th April 2021AsiaAsian stocks fell on concerns China is holding back loan growth
Most Asian stocks fell on Tuesday as concerns that China would reduce loan growth weighed on sentiment after US …
1st April 2021AsiaHong Kong hit by dozens of trading stops after earnings deadline
Trading of more than 50 Hong Kong-listed companies was suspended on Thursday after several companies failed to report their …
31st March 2021MENASaudi Arabia launches $ 1.3 trillion private sector investment boost
Saudi Arabia is trying to divert its economy from its dependence on oil exports, which account for more than …
31st March 2021EuropeDeliveroo falls more than 30% in its debut on the London Stock Exchange
The company managed to partially liquidate this fall to trade a little more than 3 pounds per share.
30th March 2021North AmericaTreasury yields rise to its highest level since last January
US bond markets have led a global decline in government debt since January
30th March 2021Oil fluctuates ahead of key OPEC meeting
Oil fluctuates and volatility persists ahead of OPEC meeting
29th March 2021Nomura and Credit Suisse warn of multi-million-dollar losses due to hedge fund defaults
Credit Suisse falls 13% in the stock market after forecast of large losses.
29th March 2021The ship Ever Given refloats, stranded for six days in the Suez Canal
The ship has been blocking maritime traffic in the Suez Canal for six days, causing millions in losses in …
26th March 2021MENAKuwait Petroleum will seek up to $20 billions of funding to cover shortfall
Kuwait Petroleum Corp will need the money to maintain the country's crude production levels.
25th March 2021Suez Canal blocked causing major traffic jam
Suez Canal is one of the main maritime crossings in the transport of goods and raw materials, is temporarily …
25th March 2021North AmericaChinese tech stocks fall as U.S. law threatens to delist firms
On Wednesday, the U.S. Securities and Exchange Commission (SEC) adopted a law called the Foreign Company Liability Act.
24th March 2021AsiaBank of Thailand keeps key rate unchanged and cuts GDP outlook for 2021
Bank of Thailand keeps key rate at record low.