Arab News Headlines

December 4, 2021

Bitcoin extends downtrend, falls 12.1% to $47,176

New Delhi, Bitcoin dived 12.14% to $47,176.09 on Saturday, losing $6,567.6 from its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is down 31.6% from the year’s high of $69,000 reached on Nov. 10, Reuters reported. Ether, t…

Goldman Sachs launches green finance group with Beijing think tank

Beijing, Goldman Sachs Group Inc (GS.N) and the International Finance Forum (IFF), a Beijing-headquartered think tank, launched a green finance working group on Saturday, the two said. The working group will facilitate dialogue on climate action among …

Euro zone retail sales up in October on non-food purchases

Brussels, Euro zone retail sales rose in line with expectations in October as consumers spent more on non-food purchases, particularly online, data from Eurostat showed on Friday, Reuters reported. Retail sales, a proxy for consumer demand, in the 19 c…