Uber has been ordered to pay a 300,000 euro ($336,600) penalty, adding to the challenge of a court-ordered partial shutdown imposed on its...

Stock Market

Uber Must Pay $336,600 Penalty on Top of Brussels Near-Shutdown

The Department of Energy (DOE) said, that the United States has launched an auction for 32 million barrels of crude from four strategic...

Commodities

U.S. to Sell 32 million Barrels of Crude Oil from 4 SPR Sites

The energy ministry said the United Arab Emirates will show complete commitment and cooperation with the OPEC+ agreement.

Commodities

UAE Will Offer Complete Support to OPEC+ Decisions

Asian shares fell lower as the dollar went up on Thursday. Investors are looking towards hike rate policies...

Stock Market

Asian Shares Decline as Dollar Goes Higher

The Turkish Lira began on its recovery after reaching record lows caused by the President’s interest rate cuts.

Stock Market

Turkish Lira Finally Rebounds After Months of Lows

Stock Market

24 Nov 2021

European Stock Futures Edge Higher Amid Strict New COVID Restrictions

European Stock Futures Edge Higher Amid Strict New COVID Restrictions

The Index Today

European stock markets are expected to open marginally higher Wednesday, rebounding from the previous session’s sharp losses, as investors digest the increase in Covid-19 cases in the region and protests of new rules of COVID restrictions.

At 2 AM ET (0700 GMT), the DAX futures contract in Germany traded 0.1% higher, CAC 40 futures in France climbed 0.5% and the FTSE 100 futures contract in the U.K. rose 0.2%.

The main indices in the Eurozone slumped Tuesday, with the DAX dropping 1.1% and the CAC 40 falling 0.9%, as investors reacted to the possibility that countries will announce tougher restrictions to combat the dramatic increase in the number of coronavirus cases on the continent.

The total of Covid-19 deaths across Europe will exceed two million by March next year, the World Health Organization said Tuesday, adding that the pandemic had become the number one cause of death in the region.