World stock markets have plunged as a Donald Trump presidency looks increasingly likely. Japan's Nikkei slumped by 6 per cent. The Pound is up by a cent against the US dollar - but down against the Euro. Mexico's currency - Peso - plummeted by 13 per cent to a record low. The Dow Jones is down by 1.5 per cent while SMP has also dropped by 1.7 per cent Wednesday morning. Oil is down by 2 per cent while the price of gold has risen by a whopping $12 since voting began.
Dubai Chambers, Standard Chartered to support global expansion of local businesses
Dubai Chambers and Standard Chartered signed a Memorandum of Understanding (MoU) to enhance collaboration aimed at fostering the growth of UAE businesses and supporting their expansion into promising global markets.
OPEC+ postpones output policy meeting to December 5
The OPEC+ alliance of oil-producing countries has postponed its next meeting on output policy to December 5 from December 1 to avoid a conflict with another event, OPEC said on Thursday.
UAE, Philippines expand cooperation
The UAE and the Philippines have signed key agreements in several new areas of cooperation, including in culture, energy transition, AI, and diplomacy, during President Marcos’ working visit to the UAE this week.
Microsoft faces wide-ranging US antitrust probe
The US Federal Trade Commission has opened a broad antitrust investigation into Microsoft, including of its software licensing and cloud computing businesses, a source familiar with the matter said on Wednesday.
UAE President chairs ADNOC board meeting, approves $80 billion investment arm
The UAE's President His Highness Sheikh Mohamed bin Zayed Al Nahyan has chaired the annual meeting of the ADNOC Board of Directors.
