International and US stock market news and the Saudi stock market
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Amazon Under Scrutiny: Italy Launches Investigation into Tax Evasion Allegations..
In a surprising development, Italian authorities announced the opening of an official investigation against Amazon, the e-commerce giant, for alleged tax evasion amounting to €1.2 billion. This announcement..
Friday 14 February 2025 03:14pm | Source: ArabicTrader -
Starbucks intends to expand in the Middle East and China despite challenges.
Starbucks, the famous global coffee chain, plans to significantly expand its operations in the Middle East. The company is looking to add around 500 new stores over the next five years, which will contribute..
Friday 14 February 2025 02:58pm | Source: ArabicTrader -
Breaking: Retail sales in the United States shrink at a pace that exceeds expectations.
The U.S. Census Bureau has just released data on U.S. retail sales for the month of January, which turned out to be negative as sales contracted at a deeper pace than markets had anticipated. According..
Friday 14 February 2025 01:34pm | Source: ArabicTrader -
Asian stocks rise amid optimism about tariffs.
Asian stocks experienced an increase today, Friday, driven by investor optimism regarding the possibility of easing trade tensions between the United States and its trading partners. Australian and South..
Friday 14 February 2025 01:30pm | Source: ArabicTrader -
The Saudi market transactions exceed 27 billion riyals, and Aramco supports..
The general index of the Saudi market (TASI) ended the week with a slight decline of 0.4%, closing at 12,385 points, amid mixed performance of sectors and stocks. Despite the downturn, the market capitalization..
Friday 14 February 2025 11:31am | Source: ArabicTrader -
European stocks decline after reaching new record levels and growth data.
European stock indices opened lower on Friday, amid profit-taking after reaching new record levels in the previous session. However, the profits of French bag maker Hermès boosted the French index, allowing..
Friday 14 February 2025 11:10am | Source: ArabicTrader -
One of the Saudi insurance companies announces a yearly profit surge of about..
Leva Insurance Company announced on Thursday, on the Saudi Stock Exchange (Tadawul), its annual financial results for the past year, reporting that net profit – after deducting Zakat and taxes – more than..
Thursday 13 February 2025 06:51pm | Source: ArabicTrader -
The Moscow Exchange suspends trading for today and explains the reason.
The Moscow Exchange (MOEX) announced the suspension of trading during the evening session on Thursday at 8:40 PM local time, explaining that the reason for this decision was the discovery of issues in..
Thursday 13 February 2025 06:16pm | Source: ArabicTrader -
Saudi stocks close stable in the last sessions of the week.
The Saudi Stock Exchange index closed on stability on Thursday, as the general index (TASI) ended the session down by 0.7 points at 12,385.00 points. Today's trading volume was approximately 314.9 million..
Thursday 13 February 2025 02:36pm | Source: ArabicTrader -
U.S. stock index futures stabilize clearly ahead of the opening.
Futures contracts for U.S. stock indices - for March delivery - showed clear stability ahead of Thursday's opening session, as investors awaited the release of the Producer Price Index data for January..
Thursday 13 February 2025 12:34pm | Source: ArabicTrader -
From Merger to Collaboration: Honda and Nissan Shape the Future of the Automotive..
Nissan (7201.T) and Honda (7267.T) have ended merger talks and plans to create a $60 billion automotive company, thus putting an end to speculations regarding a massive deal that would have created the..
Thursday 13 February 2025 11:32am | Source: ArabicTrader -
Rawasi opens the subscription for its new sukuk.
Rawasi Construction Investment Company announced the launch of a public offering for its first series of sukuk denominated in riyals, with an initial value of 50 million riyals, available for subscription..
Thursday 13 February 2025 10:06am | Source: ArabicTrader -
European stocks hit a new historic high, but the British index declines.
European stock indices opened the session on Thursday with collective gains, except for the British index. The main European stock index Euro Stoxx 600 managed to record its highest levels ever during..
Thursday 13 February 2025 09:59am | Source: ArabicTrader -
International Holding Company: Strong financial results for the year 2024.
The United International Holding Company announced its annual financial results for 2024, which showed a net profit growth of 4.8% compared to the previous year. This growth is mainly attributed to the..
Thursday 13 February 2025 07:26am | Source: ArabicTrader -
Zain Saudi Arabia signs a massive Islamic financing agreement worth 1.934 billion..
Saudi telecommunications company "Zain Saudi Arabia" announced the signing of a Sharia-compliant bank facility agreement with Al Rajhi Bank. The financing amount is 1.934 billion riyals, reflecting the..
Thursday 13 February 2025 06:31am | Source: ArabicTrader