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Gulf Today Report IKEA to purchase 49% stake in financial services partner Ikano Bank as part of its plan to offer other services. The bank is owned by Ikano...
Joe Biden on Wednesday held his first call as president with Xi Jinping, pressing the Chinese leader about trade and Beijing’s crackdown on democracy activists in Hong Kong and other...
Gulf Today Report European shares advanced on Wednesday as quarterly earnings report from different firms boosted optimism for vaccine-led economic recovery. The STOXX 600 index rose 0.3% with commodity-linked...
Indonesia’s economy suffered its first full-year contraction in over two decades in 2020, shrinking slightly more than expected in the fourth quarter as the COVID-19 pandemic continued to hit consumption...
Gulf Today Report Indian shares declined on Friday following central bank’s decision to keep interest rates at record lows while being accommodative. The NSE Nifty 50 index was up 0.5%...
Gulf Today Report ASOS acquires key brands from collapsed giant brand Arcadia for £330 million, under a deal that excludes stores, putting 2, 500 jobs at risk. According to...
Gulf Today Report Oil product stockpiles at the Fujairah port declined to an eight week low due to decline in heavy distillates as exports of fuel oil soared. As of...
Gulf Today Report Gold in a narrow range on Wednesday as investors await US Federal Reserve’s monetary policy decision and US stimulus package. Spot gold was down 0.1% to $1,849.16...
Dubai saw its Consumer Confidence Index during the last quarter of 2020 rising to the highest level since the third quarter of 2017. The Q4, 2020 Index of...
Gulf Today Report Indian shares rose on Wednesday after information technology stocks recorded gains and US Treasury Secretary pushed for a huge fiscal relief package in the United States. The...