Dubai's largest bank Emirates NBD DFM:EMIRATESNBD said in a bourse filing on Thursday that there have not been "developments" requiring the lender to address a media report earlier this week about a potential acquisition in Turkey."Emirates NBD regularly explores growth opportunities, both organic…
SAUDI MANPOWER SOLUTIONS TADAWUL:1834:
By Sukanya Mitra and Ashitha ShivaprasadGold extended its gains, climbing more than 2% on Thursday, after weaker-than-expected U.S. non-farm payrolls data reduced expectations of Federal Reserve interest rate hikes this year.Spot gold TVC:GOLD was up 2.4% at $4,126.97 per ounce, as of 9:00 a.m. EDT…
WATANI IRON STEEL TADAWUL:9513:
By Ateeq ShariffMost Gulf stock markets ended lower on Thursday after Iran and the United States wrapped up a round of indirect talks with no sign of progress toward a lasting peace agreement.Iranian and U.S. negotiators spent two days in Doha addressing maritime traffic in the Strait of Hormuz and…
PURITY FOR INFORMATION TECHNOLOGY TADAWUL:9614:
By Alun John and Stella QiuStocks and government bond prices rose on Thursday and the dollar dropped after data showed U.S. job growth slowed more than expected in June and numbers for the prior month were revised lower.Nonfarm payrolls increased by 57,000 jobs last month, after a downwardly revise…
RUSSELL 2000 RALLY SET TO FADE AS VALUATIONS RISE, GROWTH NORMALIZES, GOLDMAN SAYSGoldman Sachs' strategists expect the small-cap Russell 2000 TVC:RUT index's sharp first-half rally to give way to more modest gains over the next 12 months, they said in a note, as valuations become less attractive a…
SHALFA FACILITIES MANAGEMENT TADAWUL:9613:
The following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Thursday.WHEAT - Up 3/4 cent to 2 cents per bushelCORN - Up 1/4-cent to 3 cents per bushelSOYBEANS - Up 3 to 8 cents per bushel
By Jennifer Rigby and Emma FargeMalaria and other diseases may be as deadly as the Ebola outbreak in the Democratic Republic of Congo, health officials have warned, as the outbreak strains the healthcare system and spooks patients into staying away from clinics.Half-a-dozen medics and local and int…
By Fabian CamberoChile's state-run copper giant Codelco sees soaring costs, which are over one-and-a-half times above its global rivals, and heavy debt are the main challenges to the struggling company's competitiveness, according to an internal document seen by Reuters.The document said that, comp…
The South African rand strengthened on Thursday as the dollar tumbled after U.S. jobs growth came in weaker than expected, while oil prices declined as concerns over supply disruptions eased following progress in U.S.-Iran talks.
ADANI FLAGSHIP SEEKS $1 BILLION VIA SHARE PLACEMENT, TERMS SHOW - BLOOMBERG NEWS
By Elena FabrichnayaCommercial swaps of assets frozen in Russia and Western countries, which have faced scrutiny after fraud allegations against several brokers, do not pose a broader risk to Russia's financial markets, its central bank chief said on Thursday.Following the start of Russia's militar…
Ford Motor Co NYSE:F:
Ford NYSE:F on Thursday reported a 10.3% drop in U.S. sales in the second quarter, as the automaker reeled from lower inventory of its F-150 pickup trucks.It notched quarterly sales of 549,200 units, lower than the 612,095 units it sold a year earlier.
Seamec Ltd NSE:SEAMECLTD:
Atvo Enterprises Ltd BSE:ATVOENT:
By Akash SriramTesla NASDAQ:TSLA blew past Wall Street estimates for second-quarter deliveries on Thursday, posting a record for the period as recovering demand in Europe outweighed persistent weakness in North America.The strong figures suggest Tesla's mainstay auto business is regaining momentum…
