May 6, 2024

Saudi Arabia to Host 3rd Global Project Management Forum in June

The third Global Project Management Forum (GPMF) is set to kick off in the capital Riyadh on June 2, focusing on the theme “We Achieve the Dream: Leadership, Empowerment, Sustainability.” The two-day event will be a pivotal platform for industry leade…

China’s Central Bank Injects 2 Billion Yuan into Banking System

China’s central bank conducted 2 billion yuan ($282 million) of seven-day reverse repos at an interest rate of 1.8% on Monday.

The move aims to keep liquidity reasonable and ample in the banking system, the People’s Bank of China said in a statement,…

European Stocks Start the Week Strong

European stocks closed on a bright note on Monday .The pan-European Stoxx 600 climbed 0.53%. Germany’s DAX jumped 0.96%, while France’s CAC 40 ended 0.49% up, while Switzerland’s SMI both ended higher by 0.49%. The London Stock Exchange was closed tod…

Oil Futures Rise on Middle East Tensions

Oil futures rose on Monday over concerns of expanding tensions in the Middle East.

Brent crude futures climbed 28 cents, or 0.3%, to $83.24 a barrel, while US West Texas Intermediate (WTI) crude futures were at $78.40 a barrel, up 29 cents, or 0.4%.