Recent Posts

Waltons grow richer than ever with Walmart

Bloomberg The fortunes of the Walton family — the pioneers of American bargain shopping — have reached new heights during a pandemic that has otherwise obliterated trillions of dollars of value across global markets. The combined net worth of siblings Alice, Jim and Rob Walton has climbed 2.6% this year to $165.7 billion as recession-wary shoppers flock to Walmart Inc ...

Read More »

Arab coalition announces two-week truce in Yemen

RIYADH / WAM The Joint Forces Command of the Coalition to Restore Legitimacy in Yemen has declared a comprehensive ceasefire in Yemen for a period of two weeks, starting April 9 at 12:00 KSA time. The two-week period is subject to extension. “Based on its previous announcement on March 25, the Joint Forces Command of the coalition supported the Yemeni ...

Read More »

Oil rises in volatile trading as production deal nears

Bloomberg Oil rose but trading was volatile as the world’s top producers inched towards a deal to curb output. Brent futures were higher on the day, but fell sharply by about $2 a barrel on concerns that any deal may not be enough to stem rising inventories. The Opec+ meeting discuss curbing output by 10 million barrels a day, said ...

Read More »
Send this to a friend