- Global stocks rose on China's slowing inflation and economic reopening, alongside hopes of less aggressive interest rate hikes next week....
Traders were setting their sights also on the release of two key US inflation reports ahead of the Federal Reserve's final policy meeting of the year.
Investors were meanwhile hopeful that central banks in the United States, eurozone and UK will next week ease the pace of interest rate hikes.
- Dhahran, Saudi Arabia---Saudi Aramco and China's Shandong Energy Group are exploring collaboration on integrated refining and petrochemical opportunities in China....
The companies have signed a Memorandum of Understanding (MoU), which includes a potential crude oil supply agreement and chemicals products offtake agreement.
The scope of the MoU extends to cooperation across technologies related to hydrogen, renewables and carbon capture and storage.
- Firm fined due to gaps in anti-money laundering controls.
The Financial Conduct Authority said that it had concluded Santander UK failed to properly manage its anti-money laundering systems between December 2012 and October 2017.
Santander UK had taken action to address the issues once they were identified.
- The state-owned Commercial Aircraft Corp of China said at an airshow last month that it had secured orders for 300...
Beijing hopes the C919 commercial jetliner will challenge foreign models like the Boeing 737 MAX and the Airbus A320
The first model of the narrow-body jet, which seats 164 passengers, was formally handed over to China Eastern Airlines
- The social media giant is facing a growing number of cases over the terms of terminating employees -- and even...
Musk's disdain for working from home is also being resisted, with employees with disabilities or health concerns seeing orders to come back to the office as discriminatory
The stack of legal cases could also force Musk to work towards a settlement, especially since his company is under huge financial stress after taking over the Twitter
- “Sports economies involve infrastructure, new talents, air traffic, travel, and other components,” Al Marri adds, noting that there are many...
Investment in sports is a key part of the global economy, being one of the main pillars of the new economy, says UAE’s Minister of Economy Abdullah bin Touq Al Marri
Sports economies involve infrastructure, new talents air traffic, travel, and other components, adds Al Marri, who is also the Chairman of Investopia
- Riyadh, Saudi Arabia---The Saudi Central Bank (SAMA) has licensed Manafa, a finance company specialized in debt-based crowdfunding in the kingdom....
Manafa is a closed joint-stock company with a capital of SAR 40 million.
The license was granted to the company after a successful trial run in SAMA's Regulatory Sandbox, an experimental environment dedicated to innovative financial products, services.





















