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TRADE
Egyptian billionaire Naguib Sawiris Says He would not Invest in Saudi Arabia

Egyptian billionaire Naguib Sawiris Says He would not Invest in Saudi Arabia

As per Egyptian billionaire Naguib Sawiris, he will not invest in Saudi Arabia as he feels there is no rule of law in the country and has some concerns about human rights there. When asked…

TRADE
China’s January Trade Data Surpasses Expectation

China’s January Trade Data Surpasses Expectation

As per Chinese national reports, exports and imports of January have exceeded the expectations. The better than expected news comes as Beijing’s trade dispute with the U.S. and other factors led investors to worry that…

TRADE
Post-Brexit Trade Agreement to be signed by Switzerland and the UK

Post-Brexit Trade Agreement to be signed by Switzerland and the UK

In a development that would come as a big boost for the British economy, the United Kingdom is apparently on the verge of signing a post-Brexit trade agreement with Switzerland. Ever since United Kingdom voted…

TRADE
Asian Shares Dip As Uncertainty In Global Market Prevails

Asian Shares Dip As Uncertainty In Global Market Prevails

The Asia-Pacific stocks and shares saw a dip in 0.1%, while the CSI300 China’s blue-chip was down by 0.3%. The Hong-Kong’s index Hang Seng also fell by 0.2%. Outside of Asia-Pacific, Japan’s Nikkei .N225 dipped…

TRADE
LIC successfully finishes 51% acquisition in IDBI Bank

LIC successfully finishes 51% acquisition in IDBI Bank

The insurance giant LIC has finished a major controlling stake acquisition in IDBI Bank becoming the lender’s majority shareholder. In a BSE filing the bank claimed that this deal was a win-win situation for both…

TRADE
Dollar On A Two-Week High As Concerns Over Global Growth Rises

Dollar On A Two-Week High As Concerns Over Global Growth Rises

The dollar reached a two-week high against as opposed to other big currencies as there were concerns among investors due to a slowdown in the Chinese economy. After China posted its slowest economic growth in…