Not all Gulf bonds are holding up well this week.
Dubai stocks haven’t been this cheap compared to emerging market peers since January 2016, according to Bloomberg.
Saudi Arabia has announced it will confiscate money and assets held by dozens of top officials and businessmen detained in an anti-corruption crackdown.
A pit stop on a Norwegian highway in the middle of fields between Oslo and the Olympics town of Lillehammer will soon offer a glimpse of the future for the global gas station industry.
Asia-Pacific ministers struggled yesterday to agree on a joint statement on free trade, a rare tussle over a normally routine document that highlights how Donald Trump’s protectionist “America First” stance is knotting up global trade relations.
Total agreed to buy the upstream liquefied natural gas assets of Engie for an enterprise value of $1.49bn, making the French oil major the second-largest player in the global LNG market.
AT&T Inc won’t sell CNN and never proposed such a deal, chief executive officer Randall Stephenson said as a battle escalated with antitrust officials over the $85.4bn acquisition of the network’s owner, Time Warner Inc.
The world’s stock markets tumbled yesterday on a wave of disappointing earnings reports, compounded by a weaker showing on Wall Street and a slump in Tokyo, traders said.
Japanese stocks ended the day in the red as it suffered a sharp reverse in afternoon trade after hitting fresh 26-year highs, with most other Asian markets also falling.