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Investors shrug off impeachment chaos, focus on $2tr stimulus plan

14 Jan 2021

Investors shrugged off US President Donald Trump’s second impeachment and focused instead on reports that his successor, Joe Biden, will lay out a new US $2 trillion stimulus programme later....

Gold slips as investors await Georgia runoff result

06 Jan 2021

Gulf Today Report Gold declined on Wednesday as the dollar firmed, investors are keeping an eye on US Senate runoff in Georgia, the result will play an important role in...

European, Asian shares gain on hope for a vaccine

23 Nov 2020

Gulf Today Report European shares advanced on Monday as news of coronavirus vaccine development uplift hope for a faster economic recovery. The pan-European STOXX 600 index rose 0.4% by...

Market sentiments sapped by COVID surge, stimulus stalemate

22 Oct 2020

World shares slipped to a two-week low and oil steadied after another heavy fall on Thursday, as the global surge in COVID-19 cases and fractious US stimulus talks kept financial...

UAE, Israel agree deal to boost investment

19 Oct 2020

The United Arab Emirates (UAE) and Israel and have reached a bilateral agreement that will give incentives and protection to investors who make investments in each other's countries, both finance...

China domestic tourism rebounds but still below last year’s levels

09 Oct 2020

Domestic tourism in China saw a robust rebound over the just-ended Golden Week holiday, encouraged by the country’s success in stamping out the novel coronavirus, although levels were still well...

Norway's Equinor shuts four oilfields as strike expands

05 Oct 2020

Energy major Equinor shut four of its Norwegian offshore oil and gas fields on Monday as its workers expanded their strike, a company spokesman told Reuters. Two more fields operated...

Sharjah and Sri Lanka to boost economic, investment relations

22 Sep 2020

Business Bureau, Gulf Today The Sharjah Chamber of Commerce & Industry (SCCI) represented by its Chairman, Abdullah Sultan Al Owais, received a Sri Lankan high-level delegation headed by Malraj...

Bridgestone to close tyre factory

17 Sep 2020

Japan’s Bridgestone announced that it would begin talks to close its tyre factory in France due to low demand and high competition. The factory in Bethune employs 863 people and...

Furious Neymar alleges racism as five sent off in PSG storm

14 Sep 2020

Neymar insisted he had been the victim of racism as he was one of five players sent off in a mass brawl at the end of Marseille’s 1-0 win over...

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