Various equities perform negatively
The MSE Equity Price Index drifted lower for the first time in four trading sessions on Monday as it slipped by 0.19% from its six-week high to 4,353.864 points.
The MSE Equity Price Index drifted lower for the first time in four trading sessions on Monday as it slipped by 0.19% from its six-week high to 4,353.864 points.
Stocks fell on Monday across the globe as US tariffs on an additional $200bn of Chinese imports kicked in, clouding the global economic outlook with prospects of an intensified trade war between the world’s top economies.
Canada’s Barrick Gold is buying Randgold Resources, creating the world’s biggest gold miner with a value of about $18bn (£14bn).
France’s government spokesman says that the country is seeking a solution with other EU members after humanitarian groups operating a rescue ship with 58 migrants aboard want to be allowed to disembark in the French southern port of Marseille.
Archaeologists have found a 400-year-old shipwreck off the coast of Portugal, in what one specialist called the “discovery of a decade”.
Spices, ceramics and cannons engraved with Portugal’s coat of arms all lie around the wreck, found near Cascais, close to the capital Lisbon.
An Indonesian teenager who looked after a fishing hut survived for 49 days at sea by cooking fish over wood taken from his vessel, it has emerged.
Aldi Novel Adilang was on the hut 125km (77 miles) off the Indonesian coast in mid-July when heavy winds caused its moorings to snap, casting the 18-year-old adrift.
Toronto-based Barrick Gold Corp. has agreed to buy Randgold Resources for $7.9 billion in stock to create the world’s largest gold miner.
The parent company of grocery chain Sobeys Inc. says it has reached a deal to acquire food retailer Farm Boy in a bid to expand its reach in Ontario.
The Federal Reserve is set this week to raise interest rates for a third time this year to prevent the economy from growing too fast. But with President Donald Trump’s trade fights posing a risk to the U.S. economy, the Fed may soon be ready to slow its hikes.
In spite of Canada’s reputation as a hotbed of artificial intelligence, AI deployment has not yet been a “real success” for the country’s companies, a new report has found.