Thursday , September 29 2016

Recent News

Mohamed wishes injured students speedy recovery

  ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, was re-assured on the condition of the students who were injured on Thursday following a traffic accident in Mussafah. Sheikh Mohamed wished the ...

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UAE Ambassador attends ‘South East Europe Tourism’

  BELGRADE / WAM Juma Rashid Saif Al Dhaheri, UAE Ambassador to the Republic of Serbia, on Thursday attended the 6th Business Conference “South East Europe Tourism – SEET2016”. The event is being taking place under the patronage of Ministry of Trade, Tourism and Telecommunications of Republic of Serbia from ...

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Will TPP rise from the dead?

epa04966356 US President Barack Obama meets with agriculture and business leaders on the benefits of the Trans-Pacific Partnership for American business and workers, at the Department of Agriculture in Washington, DC, USA, 06 October 2015. Flanking the president are Victoria Espinel, CEO, The Software Alliance (left); and Bob Stallman, Jr., President, American Farm Bureau.  EPA/Martin H. Simon / POOL

  The question about the TPP — the Trans-Pacific Partnership, President Obama’s signature trade agreement — is whether it’s already gone to the political morgue or whether it’s still in intensive care. Both Hillary Clinton and Donald Trump oppose the agreement, while the president has urged ratification. With Obama’s term ...

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Stocks

Stock markets rally on OPEC agreement

Traders work at their desks in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany, September 28, 2016. REUTERS/Staff/Remote

  London / AFP Asian and European stock markets rallied on Thursday and energy-linked currencies advanced after OPEC’s shock deal to trim oil output. The announcement on Wednesday lit a fire temporarily under oil prices, sending petroleum-linked shares surging on Wall Street and later across Asian and European stock markets. ...

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India, Pakistan stocks fall after Kashmir strikes

  Mumbai / AFP Indian stock markets slumped almost two percent on Thursday after the army said it had conducted “surgical strikes” along the de-facto border with archrival Pakistan in Kashmir. The Bombay Stock Exchange slid 534.70 points, or 1.84 percent, to 27,770.32 in afternoon trade after India said it ...

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Oil output hopes boost European stocks

  London / AFP European stocks rebounded on Wednesday, brushing aside a broad retreat across Asia, as oil prices pushed higher and Deutsche Bank shares rose, recouping some of their previous days’ losses. London’s benchmark FTSE 100 index increased by 0.6 percent. In the eurozone, Frankfurt’s DAX 30 was up ...

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Clinton-fuelled stocks rally slips on oil concern

epa04897492 Share prices are seen on screens at the London Stock Exchange (LSE) in London, Britain, 25 August 2015. European shares rebounded after a massive sell off just one day earlier lead to billions being wiped off the region's stocks amid worries about the outlook for China's economy. Stocks in London rose 2.6 per cent.  EPA/FACUNDO ARRIZABALAGA

  London /AFP A stocks rally triggered by Hillary Clinton’s upbeat performance in the first US presidential debate over Republican rival Donald Trump slid away on Tuesday on a dim outlook for an oil deal. In Asia, indices closed with solid gains as a confident Clinton bested her rival in ...

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Equities slide back after Fed-inspired rally

  London / AFP Stock markets slumped on Monday, extending a pre-weekend drop that followed a Fed-inspired rally, while a crash in the share price of Deutsche Bank offset a surge in German business confidence. After last week’s burst of enthusiasm on the back of the US central bank’s decision ...

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