Latest Global News

10th May 2021

EuropeNorth AmericaNew highs in S&P500 and Dow Jones

Good week for both European and US indices except for the NASDAQ 100 technology index, which lost 1.02% despite having regained ground after strong paper outflows in …

10th May 2021

AsiaIron ore futures hit record highs

Iron ore price rises 10% amid hopes of a global economic recovery.

29th April 2021

North AmericaUS futures rise as GDP shows economic resurgence

US stock index futures rose.

28th April 2021

HSBC profits rise after releasing reserves

Europe's largest bank, HSBC, earns 117% more in the first quarter.

26th April 2021

AfricaTotal 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 …

22nd April 2021

AfricaInstability in Chad after president's death

African oil producer Chad faces instability after president's death.

22nd April 2021

Credit 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 2021

Coronavirus surge spreads to global financial markets

Financial markets around the world are realising the risks of another coronavirus outbreak.

20th April 2021

Bitcoin 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 …

19th April 2021

EuropeEurope stocks rise as futures shift

The Stoxx Europe 600 Index opened higher after a seventh consecutive week of gains.

15th April 2021

MENAQatar 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 2021

North 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 2021

MENAAbu 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 2021

Stocks 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 2021

Stocks retreat after inflation risks

The stock fell after the record of the S&P 500.

9th April 2021

MENAOil 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 2021

European 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 2021

Credit 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 2021

AsiaAsian 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 2021

AsiaHong 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 2021

MENASaudi 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 2021

EuropeDeliveroo 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 2021

North 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 2021

Oil fluctuates ahead of key OPEC meeting

Oil fluctuates and volatility persists ahead of OPEC meeting

29th March 2021

Nomura 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 2021

The 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 2021

MENAKuwait 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 2021

Suez 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 …