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    Saudi’s Sabic expects business performance to be positive in Q1

    Saudi’s Sabic expects business performance to be positive in Q1

    31 Jan 2021

    Saudi Basic Industries Corp (Sabic), the world’s fourth-biggest petrochemicals firm, expects business performance to be positive in the first quarter of 2021 after an uptick in chemical prices but remains...

    Sensex crosses 50k mark before closing lower by 167.36 points

    Sensex crosses 50k mark before closing lower by 167.36 points

    21 Jan 2021

    Positive global cues and expectations of healthy quarterly results, along with that of a supportive Union Budget FY22, powered the ascent of India’s barometer index -- the S&P BSE Sensex...

    India plans foreign investment rule changes for e-commerce

    India plans foreign investment rule changes for e-commerce

    19 Jan 2021

    India is considering revising its foreign investment rules for e-commerce, three sources and a government spokesman told Reuters, a move that could compel players, including Amazon.com, to restructure their ties...

    Biden unveils plan to pump $1.9tn into pandemic-hit economy

    Biden unveils plan to pump $1.9tn into pandemic-hit economy

    15 Jan 2021

    President-elect Joe Biden outlined a $1.9 trillion stimulus package proposal on Thursday, saying bold investment was needed to jump-start the economy and accelerate the distribution of vaccines to bring the...

    Gold records near 6-week low as dollar gains strength

    Gold records near 6-week low as dollar gains strength

    11 Jan 2021

    Gulf Today Report Gold decline on Monday as dollar gains strength and US Treasury yields jumps, pressuring the non-yielding bullion. Spot gold fell as much as 1.7% to $1,816.53...

    Investors look to upcoming US earnings for a view of the year

    Investors look to upcoming US earnings for a view of the year

    10 Jan 2021

    Investors will be anxious to see whether upcoming quarterly reports and outlooks from US companies validate expectations for a strong 2021 rebound in earnings and the economy, which were ravaged...

    Indian shares decline from record highs

    Indian shares decline from record highs

    05 Jan 2021

    Gulf Today Report  Indian shares slipped on Tuesday as heavyweight Reliance Industries fell and worries for the Senate runoff in the Georgia, US. The blue-chip NSE Nifty 50 index...

    Bitcoin records 800% gain

    Bitcoin records 800% gain

    04 Jan 2021

    Gulf Today Report Bitcoin traded at $33,365 in Asia on Monday, as investors forecast it as the upcoming mainstream asset. Since mid-March, bitcoin has surged to about 800%. Its...

    India’s merchandise exports dip after major markets’ shutdown

    India’s merchandise exports dip after major markets’ shutdown

    03 Jan 2021

    Lockdown measures in some of the key export markets subdued India’s merchandise exports in December 2020 by 0.80 per cent to $26.89 billion from $27.11 billion in December 2019, preliminary...

    Oil prices fall as 2020 comes to an end

    Oil prices fall as 2020 comes to an end

    31 Dec 2020

    Gulf Today Report Crude oil has faced a turbulent year due to their pandemic but prices have since rebounded as stimulus got rolled out. On Thursday, Brent was trading down...

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