NEW YORK (dpa-AFX) – After the recent strong run on the US stock market, the most important indices remained stable on Monday. Hopes of an end to interest rate hikes by the US Federal Reserve boosted the stock exchanges over the course of the month, meaning that profits should be posted for July. The reporting … Read more
NEW YORK (dpa-AFX) – The US stock markets rose on Friday thanks to the mostly positive quarterly reports from US companies. However, there were also some clear downward outliers in the individual values. Buying sentiment dampened concerns about inflation and the potential impact on regional banks following the collapse of Silicon Valley Bank. Officials at … Read more
NEW YORK (dpa-AFX) – The New York stock exchanges made up a lot of ground on Tuesday after a weak start to the week. Thanks to a final spurt, the standard value indices even more than made up for their losses from the previous day: During the Dow Jones Industrial The S&P 500 gained 1.09 … Read more
The Egyptian Natural Gas Holding Company (EGAS) announced the achievement of a new discovery of natural gas in the Narges offshore concession area in the Mediterranean, after its efforts in cooperation with Chevron (operating in the Narges offshore concession area in the Mediterranean) and the Egyptian companies Eni and Tharwa announced a new and important … Read more