Markets

Markets

European Equity Benchmarks Close Mixed

European Equity Benchmarks Close Mixed

The broad-based major European indices closed mixed in Thursday trading as the Frankfurt exchange moved higher, while the London and Paris markets ended the session in negative territory. In economic news, the European Commission’s Directorate-General for Economic and Financial Affairs (DG ECFIN) reported that the economic sentiment indicator (ESI) fell […]

by × June 27, 2019 × 0 comments

Markets

Middle East Shares Mixed

Middle East Shares Mixed

Mideast stocks were mixed, with Saudi Arabia ending up for the first time in five sessions. However, some pressure on the region came from US-Iran tensions. The US targeted Iranian Supreme Leader Ayatollah Ali Khamenei and other top Iranian officials with sanctions on Monday. Last week, Iran downed an unmanned […]

by × June 25, 2019 × 0 comments

Finance Daily, Markets

Close-up photograph of stock market chart

US States File Lawsuit in Bid to Block Planned Sprint, T-Mobile Merger Over Competition Concerns

Several US states including California and New York filed a lawsuit to stop the tie-up between T-Mobile US (TMUS) and Sprint (S) over claims the deal is anti-competitive and would drive up prices across the country. The complaint was filed in the US District Court for the Southern District of […]

by × June 12, 2019 × 0 comments

Markets

Middle East Shares Rise

Middle East Shares Rise

MidEast stocks rose as many markets reopened from last week’s holidays, in line with a global stock rally. In company news, Qatar National Bank and Qatar Islamic Bank are set for a stock split later this week. Dubai Islamic Bank’s Board recommended acquiring the private lender Noor Bank. Global Telecom […]

by × June 10, 2019 × 0 comments