Sunday 18th of November 2018
Bahrain signs 8 agreements to deepen economic ties with Shenzhen
Next year marks 30 years since China and Bahrain established diplomatic relations. In advance of the pearl anniversary, Bahrain is set to further deepen economic ties with China
China’s Xi: No one wins from ‘cold war, hot war, trade war’
Protectionist actions are short-sighted and doomed to fail, Chinese President Xi Jinping said Saturday
Saudi ministry signs 5 contracts to build over 19,000 housing units
The Saudi Ministry of Housing has signed five agreements with four real estate development companies to build more than 19,000 housing units in Riyadh, Jeddah, Buraydah and Khobar
Wall Street advances on trade optimism; Nvidia, Facebook lag
The S&P 500 and Dow Industrials rose on Friday after President Donald Trump said the United States may not have to impose further tariffs on Chinese goods.
Supply glut mars Turing effect for Nvidia shares
Worries about how fast the computing world will transition to Nvidia Corp’s (NVDA.O) next generation “Turing” graphic chips helped knock 20 percent off the value of its shares on Friday, after results...
U.S. investigators approach Deutsche Bank, BofA, JPM in Danske probe: Bloomberg
U.S. criminal investigators have requested information from Deutsche Bank, Bank of America and JPMorgan about transactions they handled for Danske Bank’s Estonia branch, which is at the center of a mo...
BlackBerry to buy cybersecurity firm Cylance for $1.4 billion
BlackBerry Ltd said on Friday it will acquire Cylance, an artificial intelligence and cybersecurity company, for $1.4 billion in cash to help expand its QNX unit that makes software for next-generatio...
Shares and sterling try to shake Brexit blues
European stocks recovered but sterling and the euro remained fragile on Friday, after some of the most dramatic 24 hours yet in the Brexit process and another turbulent week for world markets.
T-Mobile says Sprint deal may close as early as first quarter next year
T-Mobile US Inc TMUS.N could close its acquisition of Sprint Corp (S.N) as early as the first quarter of next year, based on indications it is getting from regulators, Chief Financial Officer J. Braxt...
Hockney sells for $90mn, sets living artist record
An iconic swimming pool picture painted by British legend David Hockney sold for $90.3 million in New York on Thursday, setting a new auction record for a living artist, Christie's said.
Strong US economy boosts Walmart’s third-quarter sales
Walmart Inc reported higher-than-expected quarterly US comparable sales on Thursday and raised its full year outlook as a strong economy boosted customer store visits
EU trade chief: Europe ready to retaliate if US imposes auto tariffs
European Union Trade Commissioner Cecilia Malmstrom the EU has a list of potential retaliation targets ready in case US President Trump imposes auto tariffs on the bloc’s member states