Monday, 18 March 2019

Saudi Arabia joins emerging market indexes, giving it access to billions of dollars

Saudi Arabia has officially been elevated to an emerging market, a milestone that should steer billions of dollars into the country's stock market as the kingdom seeks to diversify away from oil.
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Saudi Arabia joins emerging market indexes, giving it access to billions of dollars
Saudi Arabia has officially been elevated to an emerging market, a milestone that should steer billions of dollars into the country's stock market as the kingdom seeks to diversify away from oil. Read more »
 
Foxconn to start production at Wisconsin factory by end of 2020
Foxconn plans to start construction of the manufacturing portion of its Wisconsin facility this summer and start producing flat screen displays there by the end of next year, the company announced Monday. Read more »
 
30,000 job cuts and muddled strategy could doom Germany's big bank merger
Labor unions fear that a merger between Deutsche Bank and its smaller German rival Commerzbank could lead to the loss of 30,000 jobs. That's just one reason it may never happen. Read more »
 
Prada slips in China as Louis Vuitton and Gucci power ahead
Prada is feeling China's economic slowdown as it struggles to keep pace with its global rivals in the biggest market for luxury goods. Read more »
 
Apple unveils new iPad Air and iPad mini
Apple on Monday quietly announced new versions the iPad Air and iPad mini, the company's the first refresh for those products in years. Read more »
 
How big is mobile payments? See this $43 billion merger
Two of the world's top payments companies are coming together in a $43 billion deal. Read more »
 
 
 
 
Dow Nasdaq S&P
+65.23   +25.95   +10.46
25,914.10   7,714.48   2,832.94
+0.25%   +0.34%   +0.37%
YTD +11.09%   YTD +16.26%   YTD +13.01%
 
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Oil $58.99 -0.10 / -0.17%
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