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World shares rose on Monday, led by sharp gains in energy shares. Traders seized the opportunity of crude oil prices soaring to three-year highs of almost USD 80 per barrel.European stocks firmed after Germany’s election results have indicated potential chances of forming left-wing coalition. German shares jumped 1.1 per cent, …

Chinese factories across the country are ordered either to curb their activity or, in some instances, shut altogether, as Beijing’s green goals coincide with surging energy prices. The first targets include giant manufacturers across important industries such as aluminum smelters to textiles producers and soybean processing plants. China may be …

People in Germany awoke Monday to the news of a narrow victory pulled by the Social Democratic party over the incumbent conservative bloc of CDU/CSU.Reactions from the world of finance and economy poured in, despite the fact that the final makeup of Germany’s next coalition government is still some months away.Several …

A global bond downturn pushed US Treasury yields to their highest level in three months on Monday, as investors’ reaction to the prospect of tighter monetary policy by dumping US and UK government debt. The yield on the 10-year US Treasury note added 0.05 percentage points to trade above 1.5 …

Speaking to Dubai TV on Monday, Mohamed Hashad, Director of Research and Development at Noor Capital, discussed the current situation across global markets, with anticipation for a number of developments over the course of the week. Fed The recent Federal Reserve decision was one of the most prominent headlines on …

According to the data published by the US Census Bureau revealed this Monday, Durable Goods Orders in the United States increased by 0.7% in August. This reading was well above market expectations pointing to a 0.5% growth and also marked a notable rebound from the previous month’s reading of -0.1%. …

Gold prices fell on Monday, September 27, due to the rise in US bond yields and the rise of the dollar, while investors awaited statements by policymakers at the US Federal Reserve in search of indications of when to reduce the fiscal stimulus measures taken to mitigate the consequences of …

Oil prices rose on Monday for the fifth day in a row, and Brent reached its highest level since October 2018 and is heading towards $ 80 a barrel, amid concerns about supply at a time when demand is increasing in some regions of the world with the easing of …

Japanese stocks closed slightly lower Monday, September 27, giving up early gains, led by cyclical stocks, as investors booked profits after a sharp rally this month, while caution also prevailed ahead of a change in the country’s political leadership. Nikkei fell by 0.03% to close at 30240.06 points, after rising …

The CEO of the American pharmaceutical company, Pfizer, Albert Borla, indicated that normal life will return again within a year, but it is likely that it will be necessary to receive an annual dose of Corona vaccines, noting that his company is preparing within days to submit an application for …