FOREX
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DMCC and ComTech partner up to digitise gold trading
Through the tokenization of the precious metal, which is backed by actual gold bars recorded on Dubai Multi Commodities Centre…
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Recession in 2023 because of global rate hikes, says World Bank
According to the World Bank, interest rate increases by central banks around the world could lead to a global recession…
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Alibaba applies for dual primary listing in Hong Kong
Alibaba intends to add a primary listing in Hong Kong to its New York presence, seeking mainland Chinese investors as…
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LIC shares slump after debut as India’s biggest IPO
Shares of the state-owned Life Insurance Corporation of India (LIC) were set to open at an 8% discount from their…
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The US Dollar at a two-decade high before inflation data
The US dollar ($) remains at a two-decade high. Investors await new inflation data to determine how aggressively the Federal…
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Uber remains optimistic despite posting $5.9 billion loss
Uber, the ride-hailing and delivery service, has lost $5.9 billion (£4.7 billion), owing to its investments in other businesses. However,…
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Insurance giant LIC opens IPO sale for investors
Institutional investors flocked to buy shares in India’s state-run insurance giant Life Insurance Corporation (LIC) in a $2.75 billion (£2.18…
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Netflix loses 200,000 subscribers in first quarter; blames competition, password sharing and Russia’s invasion of Ukraine
Netflix announced on Tuesday that it lost 200,000 paid customers in the first quarter, the first drop in over a…
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ADQ plans to list Abu Dhabi Ports on Abu Dhabi Securities Exchange
One of the largest holding companies in middle east ADQ, has announced its plans to list Abu Dhabi Ports on…
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Deliveroo aims a valuation of up to £ 8.8 billion in share listing
The England based online food delivery company, Deliveroo is aiming for a valuation up to £8.8 billion ($12.2 billion) in…
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