Dubai’s foreign investment stocks on the rise
The Dubai Statistics Center said Dubai’s foreign investment stocks in 2016 reached US$137.5bn, which is an increase of 23.3% from the previous year.Arif Al Mehairi, executive director of Dubai Statistics Center told Dubai Media Office: “Dubai’s...
Asian markets fall while oil markets went up
As US President Donald Trump dragged the country out of the Iran deal, share prices rattled in Asia. While mining, energy and banking sectors showed positive returns, most markets witnessed slight declines. Japan’s Nikkei 225...
Can Tesla Model 3 Lead Market Segment Like Tesla Model S Does?
Recently famed Apple analyst Gene Munster predicted market share gains ahead for Tesla based on a survey executed by his firm Loup Ventures. It turns out there are other indictors that point to market share gains...
Crude oil futures up a little as market eyes US tariff news
Crude futures were paring the previous day's falls in the European morning Friday, as the market awaits further signals on oil fundamentals and from equity markets later in the day.At 1130 GMT, May...
MS Drug Daclizumab (Zinbryta) Pulled From the Market
Biogen and AbbVie are voluntarily taking daclizumab (Zinbryta) for relapsing multiple sclerosis (MS) off the market worldwide because of mounting concerns about safety, including reports of severe liver damage and immune-related conditions, the...
Wall Street sees the lowest crash in 6 years
The crash affected markets all over the globeOn Monday, Wall Street faced its worst day in a long time as stock price had a bad fall on a trading day. The Dow Jones...
U.S. Labour Market Improves in November
The U.S. labour market had strong growth in November, showing signs of near full recovery since the hurricanes hit. The impressive growth has caused many analysts and politicians to try and convince President...
UK house price growth slowing, says Halifax
The growth in UK house prices is continuing to slow, according to the country's largest lender, the Halifax.It said average prices rose by 3.9% in the year to the end of November, down...
Pound Drops As Investors Pull Profits
The United Kingdom and its currency are having a good week on the back of positive news regarding Brexit.The increase in pound however, was so strong and unexpected that investors decided to...
Oil Prices Rise as Chinese Demand Increases
The price of crude oil was up 2 percent in the first week in December, due to strong demand from China. A potential strike in Africa’s largest oil exporter was also a factor....