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05 April 08:11 PM

Levant news

5 December 2018 06:57 PM Trump demands OPEC to shun oil output cuts
US President Donald Trump on Wednesday urged the Organization of Petroleum Exporting Countries and its allies not to withhold oil production next year.
Global Reports
5 December 2018 06:26 PM Alphabet’s autonomous unit launches first self-driving car service
Waymo on Wednesday unveiled its first self-driving car service in Arizona, pledging to proceed carefully with the technology.
Global Reports
5 December 2018 05:30 PM Brexit betrayal more dangerous than leaving - Hammond
Hammond’s remarks came as PM Theresa May is expected to lose the vote of the parliament on the Brexit agreement
Global Reports
5 December 2018 05:25 PM China confident of US trade accord; Trump demands ‘real deal’
China is confident that it could reach a trade deal with the US, Commerce Ministry said, hailing trade talks with the US as "very successful."
Global Reports
5 December 2018 05:12 PM European Union seeks to challenge USD, boost EUR
The European Commission has published on Wednesday a number of proposals to support the role of the Euro in the global economy
Currencies
5 December 2018 04:37 PM Bitcoin at lowest level in week
Bitcoin prices declined on Wednesday to its lowest level in a week
Currencies
5 December 2018 04:35 PM Japan’s PM to work with BOJ to achieve inflation target
Japanese Prime Minister Shinzo Abe on Wednesday said he would cooperate with the Bank of Japan to reach its 2% inflation target.
Global Reports
5 December 2018 04:10 PM Gov’t tax revenues hit record peak in 2017 – OECD
The Organisation for Economic Cooperation and Development on Wednesday said that tax revenues in developed countries tapped a record top last year.
Global Markets brief
5 December 2018 03:15 PM Turkey C.bank pledges monetary policy move against FX fluctuations
Turkey's central bank said it would take a monetary policy action, if the impact of foreign exchange fluctuations on price stability lasted for long.
Global Reports
5 December 2018 02:42 PM BT to exclude Huawei hardware from core 4G network–Report
UK telecommunication giant BT would remove Huawei’s equipment from its core fourth generation in the coming two years, according to a news report.
Global Markets brief
5 December 2018 02:02 PM China service sector growth picks up steam in November
Business activity of Chinese service providers grew at a faster momentum in November, private data showed on Wednesday.
Global Reports
5 December 2018 01:57 PM GCC banks' outlook reflects strong capital buffers – Moody’s
Global Reports
5 December 2018 01:55 PM Indian investors top Seven Tides’ investors; firm eyes more
Indian investors top Seven Tides’ investors; firm eyes more
Global Reports
5 December 2018 01:54 PM Kuwait crude oil adds 43 cents on Tuesday – KPC
Global Reports
5 December 2018 01:20 PM Eurozone retail sales rise 0.3% in October
Eurozone retail sales rose by 0.3% in October compared with a 0.5% loss in September, data by the Eurozone’s statistical office, the Eurostat, showed
Global Reports
5 December 2018 01:01 PM UK service sector growth cools to 28M-low in November
The UK service sector business activity and new work inflows grew at the slowest pace in nearly two-and-a-half years.
Global Reports
5 December 2018 00:26 PM World economic growth to boost bank creditworthiness in 2019–Moody’s
Solid, though slowing, global economic growth would continue to boost banks' creditworthiness in the next year, Moody's Investors Services predicted.
Global Reports
5 December 2018 00:13 PM Eurozone economic activity extends slowdown in November
The final data pertaining Eurozone business activity showed that it grew at the slowest pace in more than two years during November, survey data showed.
Global Markets brief
5 December 2018 11:40 AM Gold retreats from 5-week peak as US dollar crawls higher
Gold prices declined on Wednesday, retreating from 5-week high reached in the prior session, as US dollar crept higher.
Goods and Metals
5 December 2018 11:10 AM Oil tumbles on rising US supply, global growth fears
Oil fell on Wednesday following a surge in the US crude supply and a rout in stock markets amid economic slowdown concerns.
Global Markets brief
5 December 2018 11:02 AM India’s Jet Airways to cut flights to GCC
The Indian carrier is working on reducing operational costs by cutting some of its routes to Gulf nations
Global Markets brief
5 December 2018 09:56 AM UAE Cabinet sets new policies to empower Emirati women
UAE Cabinet has adopted new policies to empower Emirati women
Global Markets brief
4 December 2018 06:58 PM Exxon, Chevron to sell stakes in major Azeri oil field
Exxon Mobil plans to sell their stakes in Azerbaijan's largest oil field as the oil and gas major re-focuses its global operations.
Global Reports
4 December 2018 06:56 PM Trade talks to end in 90 days, ‘unless extended’ -Trump
US President Trump held out the possibility of an extension of the 90-day trade truce on which he and his Chinese counterpart agreed.
Global Reports
4 December 2018 05:36 PM Thomson Reuters plans to axe 3,200 jobs by 2020
Thomson Reuters on Tuesday said that it would cut its workforce by 12% or 3,200 jobs, within the framework of a plan to streamline
Global Reports