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ADNOC Drilling H1 revenue $2.37bn

The company posted a net profit of $692m.

Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

US stocks move sideways but poised for weekly gains

Traders work on the floor of the New York Stock Exchange (NYSE) on Wall Street on April 17, 2025 in New York City. AFP
  • The broad-based S&P 500 added 0.1 percent at 5,923.30, while the tech-rich Nasdaq Composite Index gained 0.2 percent to 19,146.48.
  • Broadband and cable company Charter Communications gained 2.5 percent after announcing a deal to acquire Cox Communications for $34.5 billion.

New York, United States — Wall Street stocks were little changed early Friday as major indices were poised to retain big weekly gains following the de-escalation of the US-China trade war.

The S&P 500 has risen the last four sessions, extending the positive momentum after last weekend’s trade talks resulted in both the United States and China lowering tariffs on each other for 90 days.

“The fact that we’re not pulling back shows me that there’s a tremendous amount of buying demand,” said Adam Sarhan of 50 Park Investments.

About 20 minutes into trading, the Dow Jones Industrial Average was down 0.1 percent at 42,293.17.

The broad-based S&P 500 added 0.1 percent at 5,923.30, while the tech-rich Nasdaq Composite Index gained 0.2 percent to 19,146.48.

Broadband and cable company Charter Communications gained 2.5 percent after announcing a deal to acquire Cox Communications for $34.5 billion.