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Janet Yellen of the Federal Reserve during a June news conference, as reflected in a specialist’s screen on the floor of the New York Stock Exchange. CreditRichard Drew/Associated Press
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Ministers of Saudi Arabia discuss the National Transformation Plan (NTP)- Reuters
Saudi Makes More Gains on Economic Reform, Other Markets Lag
Saudi Arabia’s stock index scored its fourth session of gains on Thursday following the announcements of various economic reform plans, while most other bourses lost steam on profit taking. Riyadh’s index nudged up 2 points to 6,607 points. The Saudi...Caption:
New Petrobras CEO Parente takes the office
Brazil Energy Ministry Backs Petrobras Fuel-Pricing Independence
Brazil’s energy ministry said on Saturday it supported full independence for Petrobras to set domestic fuel prices, further holding past controls responsibility for burdening the state-controlled oil company with crippling debt that is the oil industry’s...Caption:
The New Saudi Arabia
Saudi Arabia entered a new era yesterday with the approval of an ambitious plan that includes almost all sectors. It aims, in particular, to diversify the economy and utilise new sources of income other than oil by 2030. The economic reform plan known as “Saudi Vision...Caption:
Qatar Stock Exchange