Oil Prices Fall Due to Sluggish Economy and Tight Market
The bullish oil market which had reached its 5 month high fell on Tuesday due to a sluggish economy and cautious market over concerns over a slowdown in the global…
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Asian Shares Reach 7-Month High Amid Positive Progress In Trade Negotiations
Even as reports of great progress in trade negotiations between the US and China is coming in, the Asian shares increased to a seven month high as investors became happy…
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Ahead of Bond Debut, Saudi Aramco Gets A+ Rating
When it comes to the global sale of bonds by any big corporation, the ratings it earns from the key rating agencies is a significantly important factor behind a decent…
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Saudi Arabia’s Kingdom Holdings to Invest Money from Careem Sale in Europe
The sale of middle-eastern ride-hailing company Careem for $3.1 billion to Uber has proven to be one of the biggest acquisitions this year, and considering the fact that the American…
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Reuters Poll Reveals Improving Outlook Over China Home Prices
The economic slowdown in China has proven to be a dampener for a range of sectors in the world’s second biggest economy and home prices have taken a hit as…
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AstraZeneca Partners With Daiichi Sankyo in $6.9 Billion Deal to Develop and Sell Cancer Drug
British pharma giant AstraZeneca has signed a deal with Japanese drug manufacturer Daiichi Sankyo in order to develop and also market trastuzumab deruxtecan, a cancer drug. The deal will, however,…
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Goldman Sachs’ Chinese Fund Acquires US Firm Despite Trade Tensions
The trade tension between the United States and China has been the biggest development in the world of business and trade over the past few months. Despite the fact that…
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Huawei should be ‘Interoperable’ in Europe, says AT&T CEO
Huawei has been in the crosshairs of the United States authorities for the past few months, and it also led to the ban on the Chinese tech giant’s telecommunication equipment…
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Hong Kong Launches New Era of Banking with Online only Banking License to StanChart
For the past few decades, Hong Kong has become the pioneer as far as financial innovation is concerned, and the Asian financial hub has taken another step with the issuance…
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Merck Launches $5.9 Billion Hostile Takeover of Versum
In a move that might come as a surprise for many, the German pharmaceutical giant Merck KGaA has decided to further increase its hold over the semiconductor market and started…
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