Falling interest rates led to many more savers investing in stocks, real estate and cryptos, leading to price surges across these asset classes
Markets5 days ago
“Rolls-Royce ... has signed a $598 million contract with the US Department of Defense for 268 AE 1107C engines for US Marine Corps and Air Force V-22 aircraft,” the British company said in a statement.
Rolls-Royce said it would deliver 70 of the engines valued at $151 million in the first year of the contract.
“The contract includes four additional option years, with deliveries expected to total 268, including spare engines.”
Falling interest rates led to many more savers investing in stocks, real estate and cryptos, leading to price surges across these asset classes
Markets5 days ago
The index tumbled 5.8 per cent, its biggest intraday fall since March 2020, dragged down by a 8.5 per cent plunge in the UAE’s largest lender First Abu Dhabi Bank
Markets1 week ago
The inaugural issuance of the local currency treasury bonds program witnessed a strong appetite from investors in the region and globally being 6.3 times oversubscribed during the first auction that successfully concluded this week
Markets1 week ago
This is the first time the virtual currency has plunged so low
Markets1 week ago
The oil giant was valued at $2.42 trillion based on the price of its shares at close of market
Markets1 week ago
Experts say rupee will remain under pressure until there is political stability
Markets1 week ago
Forex dealers say the greenback is being sold above Rs189 in the open market
Markets1 week ago
Surging oil prices have also weighed heavy on the rupee with a surprise rate hike by the Reserve Bank of India last week doing little to stem capital outflows
Markets1 week ago