Year: 2019

Yields, Equities on a Spiral, Gold High

Gold prices reached a one month high as the demand for it increased as a safe bet as equities and Treasury yields made a fall due to concerns over global…

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German Business Confidence Improves, Out of Impending Recession

The Ifo Index which is an indicator of business climate for Germany’s economic activity and is prepared by the Institute for Economic Research in Munich rose in March, and that…

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Aramco’s Delayed IPO Puts US Subsidiary Motiva in a Fix

The proposed initial public offering of Saudi Aramco was supposed to be the world’s first trillion dollar listing, and naturally, it would have meant more money for the Saudi owned…

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Fintech Firms and Talent Leave the UK, as Fears Over a No-Deal Brexit Continue to Haunt

As the time is ticking on for Brexit, financial companies are taking precautionary measures to avoid being hurt by a no-deal scenario, in order to continue operations within the UK…

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No Evidence Of Collusion With Russia By Trump Campaign Team, S&P Futures Flat

Special Counsel Robert Mueller who was investigating the collaboration of the Trump Presidential campaign team with Russia ended the probe with no evidence of any conspiracy. On Sunday, US Attorney…

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U.S. & Oman Makes Strategic Port Deal

The United States made a strategic deal with Oman this Sunday. The port deal allows the United States military to have better access to the Middle East region. This will…

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Uber To Announce $3 Billion Deal With Careem This Week

Uber Technologies Inc is all set to offer a deal for around $3 billion for Careem Networks FZ, its Dubai based rival. According to sources, Uber’s offer will probably be…

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Uber, Pinterest To Be Listed On NYSE

Two high profile companies in the internet world Pinterest and Uber which plans to go public this year have shortlisted the New York Stock Exchange to list their stocks as…

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New York Times Not To Be Part of Apple’s News Service

On Monday Apple Inc will be launching a new paid entertainment and digital news service. Although the company is trying to capture market from the streaming video leader Netflix Inc,…

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Investors Bracing for Political Instability as Populism Increases in Europe

Investors are bracing for financial volatility as political instability does not seem to abate in Europe. The investors seem to be acknowledging it as the first signs are seen in…

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