European stocks firm as markets await US inflation data
London, United Kingdom - Europe's main stock markets steadied Friday as traders reacted to more earnings updates from top companies, while awaiting revisions to US inflation data.Asia saw holiday-thinned trade, with investors there struggling to build on another record-setting day on Wall Street."Today sees things slow down after a week that...
Gold strikes fresh record high as rate cut bets surge
Hong Kong, China - Gold prices soared to a record high above $2,100 on Monday as traders grow increasingly confident the Federal Reserve will cut interest rates in the new year.The precious metal struck $2,135.39 in early Asian trade, topping the previous all-time high set in 2020, during the pandemic.Traders have...
Dubai court authorizes jailed Brit’s fraud extradition, say lawyers
DUBAI, UAE - A Dubai court Thursday authorized the extradition of a British national wanted over an alleged 1.7 billion euro tax fraud in Denmark, the suspect's defense team said, ahead of a further ruling by a higher court.Hedge fund trader Sanjay Shah was arrested in Dubai in June, but...
UAE rejects Denmark’s extradition request for fraud accused Briton
Dubai, UAE - A Dubai court on Monday rejected Denmark's extradition request for a Briton accused of robbing the Danish state of 1.7 billion euros ($1.72bn) through tax fraud, one of his lawyers told AFP. Hedge fund trader Sanjay Shah was arrested in June by Dubai police on Denmark's request....A ‘small revolution’ in Iran’s pistachio trade
Abbas Emami, 88, Iran's oldest pistachio wholesaler, readies to hand his business to daughter Marjan in male-dominated trade.
