UAE telco company, Etisalat, is taking a page out of India’s playbook by launching its own super app, Breakingviews. Hoping to emulate the success of India’s Jio Platforms and its all-in-one app JioMart, Etisalat’s Breakingviews aims to offer customers a seamless experience that combines e-commerce, digital payments, and a variety of other services. As the … Read more
Oil prices have been on the rise recently as hopes for a Chinese economic stimulus and a weaker dollar have buoyed the market. With China’s economy showing signs of slowing down, investors have been waiting for the government to announce a new round of stimulus measures, which could potentially increase demand for oil. Additionally, a … Read more
As the week comes to a close, Wall Street ended mixed on Friday with inflation data and earnings reports in focus. Investors continue to monitor the impact of rising prices on the economy, while eagerly awaiting results from major companies set to report earnings in the coming days. With uncertainty surrounding the market, traders are … Read more
The price of gold has been steadily climbing over the past few months, hitting an all-time high of over $2,000 per ounce in early August. However, recent news of positive US jobs growth has lifted the value of the dollar and caused the price of gold to fall below $2,000. This development has sparked concerns … Read more
The Indian Rupee has had a chequered history with a number of economic and political factors driving its fluctuations. Its current status, however, is being impacted by events beyond the nation’s borders. Recent economic data from the US has stoked the bets of an impending rate hike by the Federal Reserve, causing the Rupee to … Read more
In recent weeks, Wall Street has experienced a series of rallies as investors grow more optimistic about the future of the banking sector. It appears that small rate-hike bets are contributing to this positive sentiment, as these bets signal that the economy is recovering and that banks are likely to see increased profits in the … Read more