The prosecutor of the International Criminal Court Monday applied for arrest warrants on suspicion of war crimes and crimes against humanity
world2 hours ago
As incomes dropped an unexpected 0.7 per cent in July, the US Commerce Department said growth in personal spending slowed to 0.2 per cent.
Dell, the second-biggest personal-computer maker, posted its biggest drop in earnings since 2000, and attributed it to "continued conservatism" among US consumers, which was also spreading to parts of Western Europe and Asia.
Technology stocks tumbled, with Apple losing 2.4 per cent, Microsoft dropping 2.3 per cent and the largest chip-maker Intel dipping 3.1 per cent.
"The environment remains challenged for the equity market," Mike Ryan of UBS Financial Services Inc, told Bloomberg financial news. "As we're faced with the impact of higher energy costs and the lack of availability of credit, that's going to put more pressure on the consumer sector."
The blue-chip Dow Jones Industrial Average fell 171.63 points, or 1.47 per cent, to 11,543.55. The broad-based Standard & Poor's 500 Index dipped 17.85 points, or 1.37 per cent, to 1,282.83. The technology-heavy Nasdaq Composite Index dropped 44.12 points, or 1.83 per cent, to 2,367.52.
The US currency rose to 68.15 euro cents from 68.05 euro cents on Thursday. The dollar fell against the Japanese currency to 108.80 yen from 109.49 yen on Thursday.
Gold fell to 835.20 dollars on Friday from 837.20 dollars per fine ounce on Thursday.
The prosecutor of the International Criminal Court Monday applied for arrest warrants on suspicion of war crimes and crimes against humanity
world2 hours ago
Archer likely to feature in the first T20 against Pakistan
cricket2 hours ago
In the 152 Premier League matches City have played across the last four seasons, they have recorded 112 victories with just 17 defeats, racking up 372 goals
football2 hours ago
The former president's party urges supporters to remain calm and go out to vote on May 29
africa3 hours ago
Gold jewellery shoppers in Dubai usually opt for a wait-and-watch approach when prices hit record peaks
markets3 hours ago
The authority confirmed that the administrative closure order will continue as long as the reasons for it exist
uae3 hours ago
Hamas strongly condemns prosecutor's bid to get arrest warrants against its leaders as Israel calls the move against PM a historical disgrace
mena3 hours ago
E& UAE has played a vital role in achieving the country’s connectivity ambitions
telecom3 hours ago