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Gulf Today Report Jeff Bezos is to step down as the chief executive officer of Amazon, the company has announced. The billionaire will be replaced by Amazon...
BP plunged to a $5.7 billion loss last year, its first in a decade, as the pandemic took a heavy toll on oil demand, and the energy company warned...
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...
A US lobby group which represents firms including Amazon.com and Walmart has urged India not to tighten foreign investment rules for e-commerce companies again, according to a letter seen by...
Growth in Germany and Spain and a smaller-than-expected contraction in France pointed to resilience in the eurozone economy in the final three months of last year, but the bright spot...
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 Oil prices rise on Wednesday after data indicated an unexpected decline in US crude stockpiles and China reported its lowest daily rise in COVID-19 cases. Brent...
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...
Eng. Tariq Al-Mulla, Egyptian Minister of Petroleum and Mineral Resources, has signed the concession agreement with Mubadala Petroleum for oil and gas exploration activities in the Red Sea Block 4...
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...
