by finance_admin | December 1, 2024 | Automotive, News
Automaker Responds to Escalating Commodity Costs with Price Adjustment Tata Motors announced on Wednesday that it will increase the prices of its commercial vehicles by up to 2%, effective from July 1, 2024. This decision, outlined in an exchange filing, aims to...
by finance_admin | December 1, 2024 | Breaking, Economy, Finance, News
Consistent leadership in regional capital inflow, contributing $1.67 billion year-to-date The UAE continues to dominate the Gulf Cooperation Council (GCC) in foreign capital inflows, registering a net influx of $680.4 million in May 2024. This marks a significant...
by finance_admin | December 1, 2024 | Breaking, Finance, News
Demand for high-yield products and shadow banking growth bring back intricate financial products Earlier this year, Bayview Asset Management structured two trades totaling $642 million, reminiscent of financial instruments last seen during the 2008 crisis. This hedge...
by finance_admin | December 1, 2024 | Banking, Currencies, Economy, Finance, News
Investors await central bank decisions from the UK, Switzerland, and Norway amidst steady currency movements The British pound held broadly steady on Thursday as markets awaited a rate decision from the Bank of England (BoE) later in the day. The dollar was similarly...
by finance_admin | December 1, 2024 | Commodities, Markets, News
Spot gold rises 0.6% to $2,341.15 per ounce amidst softer U.S. economic data and rate cut expectations Gold prices reached a two-week high on Thursday as weaker U.S. economic data fueled expectations of interest rate cuts by the Federal Reserve this year. As of 0512...
by finance_admin | December 1, 2024 | Breaking, Fintech, Mergers & Acquisitions, News
Abu Dhabi Islamic Bank (ADIB) partners with DIFC Innovation Hub to accelerate FinTech adoption Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has announced a strategic collaboration with the DIFC Innovation Hub, the premier financial...
