Monthly Archives: March 2020
Here’s Why the Dollar Stands Alone as The Key Currency Haven
(Bloomberg) -- The haven status of the dollar and the yen came under question in February, with both wobbling as the coronavirus outbreak threatens the two economies.
While...
India Tata Motors Sees February Domestic Sales Drop 34%
(Bloomberg) -- India’s Tata Motors Ltd. saw a 34% slide in domestic sales in February, as automakers were hit by the lack of supply of...
Coronavirus Fears: Gulf Markets Spiral Downwards on Impact
The Gulf markets took a sharp nosedive at the start of trading on Sunday over increasing concerns of Novel Coronavirus, which has already done enough...
Omantel announces innovative first-of-its-kind Baqati packages in the GCC
Omantel—the pioneering integrated telecom services provider in the Sultanate—has recently announced the launching of new and upgraded packages to be offered at competitive prices...
UBF Forms Committees To Secure Growth of UAE Banking Sector
The UAE Banks Federation (UBF) – the official representative body of the UAE banking industry – has launched committees to promote the growth and...
Operation Falafel: Taking Middle Eastern Street Food Global
Operation: Falafel is going international with the most ambitious homegrown Food & Beverage (F&B) worldwide expansion in UAE History with AWJ Investments opening three...
Investors Cast Wary Eye on Market Open With Bad News Piling Up
(Bloomberg) -- The first U.S. coronavirus death. Signs the disease is squeezing China’s economy. A possible outbreak in Washington State. Trading may have stopped, but...
Humbled Saudis May Yet Clinch OPEC+ Deal as Virus Crisis Worsens
(Bloomberg) -- Saudi Arabia has so far been thwarted by Russia in its push to shore up oil markets against the coronavirus. But when they...
Barclays Acquittal Means More Lawsuits From Dealmaker, Ex-Banker
(Bloomberg) -- The verdicts may be in but Barclays Plc’s legal troubles stemming from its financial maneuvers during the global financial crash of 2008 are...
She Stole $17 Million to Join Jet-Set Elite Before Reality Hit
(Bloomberg) -- After years of financial hardship, she craved a life of luxury. Her remedy was to embezzle $17 million from the Danish state.
Britta Nielsen,...