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12:10 AM Gold prices see first decline in three weeks
Gold prices ended Friday in losses, recording its first weekly decline in three weeks
20 April 11:56 PM Oil prices record 1.5% weekly gains
Oil prices rose by the end of Friday trade, shrugging off earlier decline on negative comments by the US President that were directed at OPEC
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20 April 10:36 PM Al-Futtaim to build 600 Vox Cinemas in Saudi Arabia
Riyadh - Mubasher: Majid Al Futtaim Group will open a new four-screen multiplex cinema in Saudi Arabia, which will make it only the second company to obtain a license for a movie theatre in the kingdom. Vox Cinemas, a brand owned by Al Futtaim, …
20 April 10:20 PM Nike senior executives’ exodus stumbles growth – analysts
Analysts warned that high-level departures, would grow into a major obstacle to Nike’s future growth
20 April 10:03 PM Air France to see more strikes in May
Workers in Air France are still protesting to the company’s management
20 April 06:54 PM IMF warns against rising global debt
Global debt has reached a new record high, according to a recent report by the International Monetary Fund
20 April 06:45 PM China Mobile posts 4% rise in Q1 profits
China Mobile reported on Friday a 4.1% rise in net profit during the first quarter of 2018, compared with the same period last year.
20 April 06:44 PM Renault-Nissan-Mitsubishi merger possible - CEO
The chairman and CEO of Renault, Nissan, and Mitsubishi, Carlos Ghosn said that a merger within the group is one option
20 April 04:45 PM P&G to acquire Merck’s consumer health unit
Procter and Gamble announced on Friday, that it has signed an agreement to acquire the consumer health business of Germany's Merck Group.
20 April 03:28 PM Schlumberger posts $7.8bn revenue in Q1, cites optimism despite challenges
Schlumberger reported its results for the first quarter of 2018, indicating a 4% decline in revenues and lower pretax income
20 April 02:56 PM Qualcomm to lay off employees under cost-cutting plan
Qualcomm Inc. announced it started laying off employees in an attempt to increase profits through cutting $1 billion in expenses.
20 April 02:32 PM US tech ban threatens ZTE 'survival', hurts local firms
ZTE said that the "denial of export privilege" imposed by the US administration on its exports poses hurts its survival and affect US firms
20 April 01:42 PM Hong Kong exchange CEO cites confidence in attracting Aramco –WSJ
Hong Kong Exchanges CEO said he was confident that his bourse was to see some strong listings in the future, including attracting Saudi Aramco
20 April 01:22 PM Ericsson losses shrink in Q1 as sales drop
Ericsson on Friday said it narrowed its losses in the first three months of 2018
20 April 12:10 PM Barclays' CEO sees hefty fine but keeps job after probe
Barclays CEO Jes Staley is said to maintain his post after British regulators imposed a fine but found no 'lack of integrity' in his probe
20 April 11:41 AM Oil prices near stable at 3-yr highs
Oil prices fell on Friday but remained at three-year highs ahead of US oil rig data
19 April 09:48 PM Watch Sophia answers Mubasher’s questions
Sophia was the first robot with an earthly citizenship, after being granted the Saudi citizenship not so long agoxasdas
19 April 08:44 PM UK to ban plastic straws, cotton buds
UK revealed on Thursday plans to impose a ban on the sale of plastic straws and drink stirrers and plastic-stemmed cotton buds
19 April 07:52 PM Oil-price surge may prompt next crisis -Analyst
The recent rise in oil prices could speed up a crisis in the energy market, according to an oil economist.
19 April 07:20 PM Miguel Diaz-Canel elected as new president of Cuba
Miguel Diaz-Canel has been sworn in as the new president of Cuba, after former leader Raul Castro decided to retire
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19 April 06:44 PM TASI records highest weekly gains in 10M
Riyadh - Mubasher: The Saudi Stock Exchange (Tadawul) ended the week up by more than 450 points, recording its biggest weekly increase since June 2017. The Tadawul All Shares Index (TASI) rose by 5.79% or 453 points, and ended Thursday’s session …
19 April 06:11 PM US natural gas storage fall in week
US natural gas stockpiles declined last week, according to EIA
19 April 05:56 PM ‘Full-on global meltdown’ in stocks seen ‘too early’ -Goldman Sachs
A Goldman Sachs Asset Management top official has said that there should be no fears of a "global meltdown in equities"
19 April 05:25 PM Nestle sales rise 1.4% in Q1-18
Nestle has reported a growth in sales during the first quarter of 2018
It is expected for the Saudi shares to incline in 2018
19 April 05:14 PM Listing Aramco on Tadawul will boost EM indices – IFC
Mubasher: The International Finance Corporation (IFC) announced that upgrading the Saudi Stock Exchange (Tadawul) in FTSE’s emerging markets list in 2019 will raise the market’s weight to 2.7% in the main indices for emerging stocks. The IFC added …