Pakistan jumps 11 spots in World Banks Ease of Doing Business index

The UAE has expedited its march towards making the economy more attractive for foreign investment and easier to do business as the latest World Bank report ranked the nation among the world's top 20 countries for the ease of doing business . More..

by | Published 14 days ago
How major United States stock indexes fared Monday
by | Thursday, November 01, 2018

How major United States stock indexes fared Monday

The US levied tariffs of 10 percent on United States dollars 200 billion of Chinese products in September, with the rate set to increase to 25 percent by the end of the year barring a breakthrough in the trad...More..

Urjit Patel may resign as Jaitley’s remarks widen RBI-govt rift
by | Wednesday, October 31, 2018

Urjit Patel may resign as Jaitley’s remarks widen RBI-govt rift

The rift between the RBI Governor Urijit Patel and the Central government reportedly widened with Central Bank's Governor considering to resign from the post of the Governor. The micro, small and medium enter...More..

Drawing nears for $750 million Powerball jackpot
by | Sunday, October 28, 2018

Drawing nears for $750 million Powerball jackpot

That jackpot will be the fourth largest lottery jackpot in USA history and could move into third place if ticket sales outpace expectations. Lottery players will have a shot at the fourth-largest jackpot in U...More..

Central Intelligence Agency chief heard recording of Khashoggi murder
by | Saturday, October 27, 2018

Central Intelligence Agency chief heard recording of Khashoggi murder

The United States has already taken some steps toward punishing the suspects detained or fired by Saudi Arabia , revoking their visas. A person familiar with the audio told the Washington Post , for whom ...More..

Amazon Q4 sales forecast comes in below estimates
by | Saturday, October 27, 2018

Amazon Q4 sales forecast comes in below estimates

To be sure, Amazon shares ( AMZN .O) dropped by the most in four years on Friday after its outlook for holiday season sales missed targets, fanning concerns that Wall Street's tech darlings are finally starti...More..

WWE's Saudi Arabia event to occur as scheduled despite Khashoggi's death
by | Friday, October 26, 2018

WWE's Saudi Arabia event to occur as scheduled despite Khashoggi's death

TASI, the largest Arab bourse, is 8.4 percent higher on the year. Speaking at an investment forum he was hosting in Riyadh , he called the killing a "heinous crime" and vowed to punish the culprits and overhau...More..

At $1.6 Billion, Mega Millions Jackpot Becomes Largest In Lottery History
by | Monday, October 22, 2018

At $1.6 Billion, Mega Millions Jackpot Becomes Largest In Lottery History

In 2016, a $1.58 billion Powerball prize was split three ways by ticket holders from California, Florida and Tennessee. That means roughly $904 million in your pocket before state and federal taxes. Accordi...More..

Debate over offering crude oil at IRENEX to tackle sanctions
by | Monday, October 22, 2018

Debate over offering crude oil at IRENEX to tackle sanctions

US West Texas Intermediate crude for October delivery CLc1 was up 27 cents, or 0.4 percent, at $68.92 a barrel by 0124 GMT. An OPEC internal report says rising crude oil inventories and increased produc...More..

Trump escalates his attacks on Fed: 'My biggest threat'
by | Sunday, October 21, 2018

Trump escalates his attacks on Fed: 'My biggest threat'

His comments come as other Fed figures opine on an economy that has become the subject of political interest as President Donald Trump continues to bash the Fed's rate hikes ahead of the mid-term election. "The...More..

Turkey searches Istanbul forest in Khashoggi case
by | Friday, October 19, 2018

Turkey searches Istanbul forest in Khashoggi case

US Treasury Secretary Steven Mnuchin and UK International Trade Secretary Liam Fox have pulled out of an investment conference in Saudi Arabia . Khashoggi's killers may have dumped his remains in Belgrad F...More..

Oil prices edge up on surprise drawdown in USA crude stockpiles
by | Thursday, October 18, 2018

Oil prices edge up on surprise drawdown in USA crude stockpiles

US West Texas Intermediate (WTI) crude was up 15c, or 0.2%, at $72.07 a barrel by 2.55am GMT on Wednesday, having settled up 14c. U.S. President Donald Trump is intimidating others to cut oil prices whi...More..

Trump suggests 'rogue killers' murdered journalist Khashoggi
by | Thursday, October 18, 2018

Trump suggests 'rogue killers' murdered journalist Khashoggi

The Saudi stock market tumbled more than 6.8 percent after US President Donald Trump warned " severe punishment " over the disappearance of Washington Post journalist Jamal Khashoggi and now there are fea...More..

No victor in Mega Millions drawing, jackpot climbs to $868 million
by | Thursday, October 18, 2018

No victor in Mega Millions drawing, jackpot climbs to $868 million

The result is a staggering $900 million jackpot for Friday night's drawing. Those who take the cash will receive a one-time lump-sum equal to all the cash in the prize pool - which is $494 million for Friday's ...More..

Missing journalist has made Trump's Saudi bet much riskier
by | Thursday, October 18, 2018

Missing journalist has made Trump's Saudi bet much riskier

Trump ally Senator Lindsey Graham, Republican of SC and one of the kingdom's biggest defenders, angrily rejected the Saudi denials that Trump repeated. President Donald Trump on Wednesday denied covering up for...More..

Mega Millions Close to Setting New Record
by | Tuesday, October 16, 2018

Mega Millions Close to Setting New Record

The odds of winning Tuesday's drawing is more than 302 million to one. Mega Millions Lottery forms are pictured at Ted's State Line Mobil in Methuen, Mass., July 24, 2018. One ticket, sold in Arkansas, ma...More..

How To Tell If You Were Impacted By Facebook's Latest Hack
by | Monday, October 15, 2018

How To Tell If You Were Impacted By Facebook's Latest Hack

Last Friday, when the company initially unveiled the attack, it said it could have affected about 50 million accounts. Other 15 million users had their names and contact information breached, and 1 milli...More..

Mega Millions Jackpot Soars To $654M With No Big Winner
by | Monday, October 15, 2018

Mega Millions Jackpot Soars To $654M With No Big Winner

The drawing on Tuesday would have granted the victor the sixth-largest Mega Millions jackpot in history. The jackpot climbed $78 million after no one matched all six numbers Tuesday night. To commemorate the ...More..

Trump, Xi to meet amid trade war tensions
by | Saturday, October 13, 2018

Trump, Xi to meet amid trade war tensions

China's trade surplus with the USA grew 10 percent in September from a record $31bn in August, according to China's customs administration - a 22 percent jump from the same month past year. In an interview with...More..

Dow Falls 1300 Points In 48 Hours As Market Rout Continues (DJIA)(SPX)
by | Friday, October 12, 2018

Dow Falls 1300 Points In 48 Hours As Market Rout Continues (DJIA)(SPX)

This would mark the sixth straight day of losses for the market, which has been rattled by rising interest rates, signs of a slowdown in the global economy and the US-China trade dispute. But at its session low...More..