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17 January 11:25 AM

Palestine news

16 January 11:29 PM Oil goes up at Wednesday's settlement
Mubasher: Oil futures settled higher on Wednesday due to the decline in the US inventories.
Oil and Energy
16 January 10:34 PM Gold settles up on Wednesday
Mubasher: Gold went up at Wednesday’s settlement, backed by the negative developments in respect of Brexit.
Goods and Metals
16 January 07:27 PM Goldman Sachs swings to profit in Q4
Goldman Sachs posted a year-on-year profit in the fourth quarter of 2018, while its investment banking and investing and lending revenues came better than expected.
Global Reports
16 January 06:34 PM US crude inventories drop as oil prices rise
US crude oil stockpiles fell by 2.7 million to 437.1 million barrels in the week ended 11 January.
Oil and Energy
16 January 06:19 PM US builder sentiment recovers in January
US home builder morale improved in January on a gradual decline in mortgage rates in recent weeks, data showed on Wednesday.
Global Markets brief
16 January 05:59 PM Bank of America profit surges in Q4 on higher rates
Bank of America on Wednesday reported a year-on-year 208% surge in its net income during the fourth quarter of 2018, while its revenue climbed 11%.
Global Reports
16 January 05:34 PM Dubai Frame attracts 1m visitors in a year
The 150-metre structure offers views of Dubai’s old and modern city
Global Reports
16 January 05:31 PM Etihad Airways launches world’s 1st flight run by UAE plants
Sustainable fuel for the flight was produced from oil in Salicornia plants
Global Markets brief
16 January 05:18 PM Fiserv to acquire First Data for $22bn
US financial technology provider Fiserv on Wednesday announced that it would purchase payment processor First Data in an all-stock $22 billion deal.
Global Markets brief
16 January 04:58 PM Platinum may become new ‘Dark Horse’ among metals – PIMCO
Platinum is expected to be the dark horse among major metals in the coming period due to its low price
Global Reports
16 January 04:44 PM US import prices fall in December on lower fuel costs
The costs of the US import dropped in December 2018, helped mainly by lower fuel prices, data showed on Wednesday.
Global Markets brief
16 January 04:11 PM Turkey C.bank keeps policy rate on hold as inflation slows
Turkey's central bank left its benchmark interest rate unchanged on Wednesday, mollifying investor worries that it could relax policy after inflation retreated.
Global Markets brief
16 January 03:30 PM No-deal Brexit could be ‘fatal’ – German automakers  
German car manufacturers on Wednesday warned of dire consequences, if the UK crashed out of the European Union without an accord.
Global Reports
16 January 02:51 PM GCC sovereign outlook seen stable despite several challenges – Moody’s
Global Reports
16 January 01:53 PM European 2018 car sales ticks up, extends 5th yearly growth
The European car market grew slightly in 2018, despite contractions in the last four months owing to a new emission test, data showed on Wednesday.
Global Reports
16 January 12:56 PM Updated UK inflation inches down to 2.1% in December
The UK’s consumer price index (CPI), the country’s headline inflation indicator, edged down to 2.1% year-on-year in December 2018, from 2.3% in November.
Global Reports
16 January 12:48 PM UK output price inflation retreats to 2.5% in December
The UK producer price Index for the goods leaving factories went down to 2.5% in the year to December 2018, from 3%.
Global Markets brief
16 January 12:28 PM Gold rises as dollar weakens on failed Brexit vote
Gold edged up on an expected pause in interest rate hikes and a weaker dollar after rejecting Brexit deal.
Global Reports
16 January 12:01 PM Oil stable Wednesday as OPEC-led curbs fan tighter market hopes
Oil steadied on Wednesday as hopes that supply cuts could tighten market fundamentals wiped out signs of a slowdown in global economy.
Oil and Energy
16 January 11:01 AM UAE’s sukuk issues may hit AED 29.4bn in 2019–S&P
The US-based ratings agency, S&P Global expected that the UAE may issue sukuk at a value of AED 29.4 billion ($8 billion)
Global Reports
16 January 01:40 AM UK parliament overwhelmingly rejects May’s Brexit plan
The UK parliament rejected a proposed Brexit deal, triggering opposition’s calls for a no-confidence vote Prime Minister Theresa May
Global Markets brief
15 January 07:48 PM Netflix raises prices on subscription plans
Netflix raised prices for all of its subscription plans by 13% to 18%, its largest hike since launching its streaming service 12 years ago.
Global Reports
15 January 07:01 PM VW, Ford tie up on trucks, weigh EV deals
Volkswagen and Ford on Tuesday said that they would team up on commercial vans and pickups, while exploring shared development of electric and autonomous vehicles
Global Reports
15 January 05:41 PM Venezuela’s Maduro raises minimum wage, vows to boost oil output
Venezuela’s President Nicolas Maduro raised the monthly minimum wage by 300% to 18,000 Venezuelan bolivars, as the economically embattled country’s annual inflation running at 240,000%.
Global Reports
15 January 05:15 PM Goldman Sachs acquires minority stake in Turkish fashion retailer
Goldman Sachs and Wamda Capital acquired a minority stake in modest fashion company Modanisa.
Global Reports