Director of Research and Development at Noor Capital and member of the American Association of Professional Technical Analysts, Mohamed Hashad, was a guest on Dubai Channel to comment on the most outstanding developments in the financial markets today and throughout the current week. US-China Virtual Summit in Spotlight The markets …
Read More »Facebook’s Quarterly Profit Beats Expectations And Posts Fastest Revenue Growth Since 2016
Facebook’s earnings in the three months ended June 30 beat expectations and posted the fastest revenue growth since 2016. But Facebook shares fell 5% in after-hours trading after the social media company said it expects revenue growth to slow in the coming quarters. And earnings per share came to $3.61, …
Read More »Senate Begins Trump’s Second Impeachment Trial
The proceedings of former United States President Donald Trump’s second impeachment trial in the U.S. Senate began earlier today. For hours on Tuesday, Democratic members of the House of Representatives who are impeachment managers as well as Trump’s defense team debated the constitutionality of the impeachment trial. Trump’s lawyers argue …
Read More »WSJ: Trump Asked The Justice Department to go to the Supreme Court to Overturn Election
The Wall Street Journal reported Saturday that former President Donald Trump has considered replacing the acting attorney general with an official willing to pursue unfounded allegations of election fraud and pushing the Justice Department to demand the Supreme Court invalidate President Joe Biden’s victory. The newspaper added, citing people familiar …
Read More »Second Trump Trial in U.S. Senate to Begin Next Week
The United States House of Representatives will reportedly deliver the single article of impeachment against former President Donald Trump to the Senate on Monday, according to Senate Majority Leader Chuck Schumer and House Speaker Nancy Pelosi. The Senate is set to witness the second trial of Trump; however, removal from …
Read More »U.S. House Impeaches Trump for Second Time
The United States House of Representatives on Wednesday impeached President Donald Trump, making him the first president in the history of the U.S. to be impeached twice. All Democrats plus 10 Republicans in the house voted in favor of the articles of impeachment, which charged Trump with inciting an insurrection. …
Read More »U.S. House Moving Forward with Impeaching Trump a Second Time
The United States House of Representatives is going through on Wednesday with impeachment procedures against President Donald Trump. This would be the first time in U.S. history that a president is impeached twice. It has been reported that some Republicans in the House are set to vote in favor of …
Read More »The New York Times: Deutsche Bank Decides to Stop Doing Business with Trump
The New York Times reported that Deutsche Bank decided not to conduct future activities with US President Donald Trump or his companies, following the attack by his supporters on the US Congress building. Deutsche Bank is Trump’s largest lender, as Trump’s disclosures to the US Government Ethics Office and banking …
Read More »White House: Trump Approves of Emergency Declaration to Washington DC For Biden Inauguration
The White House said that US President Donald Trump agreed on Monday to declare a state of emergency for Washington, DC, between now and January 24, hours after authorities warned of security threats during the week of President-elect Joe Biden’s inauguration next week.
Read More »Twitter Shares Are Down 8% in Germany After Trump’s Account is Suspended
Twitter-listed shares in Germany tumbled 8% in the first session of the week after the company permanently suspended the account of US President Donald Trump on Friday evening. The company said that the suspension of Trump’s account, which has more than 88 million followers, came due to the risk of …
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