Wednesday , 28 January 2026

Recent Posts

‘Mena needs $180bn investments to add power generating capacity’

DAMMAM / WAM The Middle East and North Africa (Mena) will need investments of approximately $180 billion to add a capacity at 7.4% annually until 2021, which corresponds to additions of more than 130GW, according to estimates by Arab Petroleum Investments Corporation (APICORP). ‘‘Governments continue to meet this challenge by expediting new projects and upgrading their infrastructure to meet increasing …

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Tremors in stocks, bonds leave no place to hide

Bloomberg US stocks are on pace for the biggest two-day decline since August, while yields on benchmark government bonds are near April 2014 highs, as caution creeps into markets after one of the best starts to a year in recent history. The S&P 500 Index fell the most in seven weeks and the Dow Jones Industrial Average slumped more than …

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Health stocks plunge as corporates target spending

Bloomberg Health-care stocks slumped after three companies led by Internet giant Amazon.com Inc. said they plan to collaborate on developing ways to cut the cost of employee health care. Pharmacy-benefit manager Express Scripts Holding Co. fell as much as 11 percent, the most intraday since April, at the open of US trading on Tuesday, while rival CVS Health Corp. dropped …

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