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Long-time Chief Executive Officer Ben Silbermann of Pinterest would step down, handing over the reins of the social media platform to Google...

Stock Market

Google executive to take over as a new CEO of Pinterest

Top accounting firm Ernst & Young has been slammed with a record $100 million fine from the US government...

Stock Market

Accounting firm gets 100 million fine for faulty regulations

The Indian rupee slipped into a fresh low today and extended losses against the US dollar.


The rupee tumbled to a new low against the dollar in the midst of an increase in crude oil price

Wall Street saw a sharp fall at its closing in a broad sell-off. Consumers' worries over recession have sparked up...

Stock Market

Wall Street Lose Balance after recession strikes growth fear among consumers’

Soaring inflation may be pushing the US economy into a deep recession. Last week's 0.75% interest rate hike by the Federal Reserve...

Stock Market

Inflation ringing the recession bell - Mohammed Shaheen


25 Nov 2021

UAE Will Offer Complete Support to OPEC+ Decisions

The Index Today

The energy ministry said the United Arab Emirates will show complete commitment and cooperation with the OPEC+ agreement. The upcoming OPEC+ meeting on 2nd December will be attended without ant prior stance on the matter.

The energy ministry also stated that all and any decisions taken by the OPEC+ will gain full support of the nation. All OPEC countries including Russia will conduct policy meetings in December for policy making. Many oil producing countries are critical of the decision to increase supply of oil. The U.S has requested OPEC+ countries to increase production and exceed the previous 400,000 barrel excess per day.


Clay pottery with table linens
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