Various equities trade higher

The MSE Equity Price Index climbed 0.84% to 4,346.228 points as various equities ended the day in positive territory while only Mapfre Middlesea trended lower.

Meanwhile, trading in GO continued to dominate activity as it accounted for nearly 60% of the total value of equities traded. GO plc added 1.1% to recapture its 2018 high of €3.60 on activity totalling 84,501 shares.

‘Polls, crude oil, trade war crucial for equities’

New Delhi: Trends in crude oil prices, domestic political dynamics, global interest rates and developments at the international trade front would be important factors impacting the equity market movement in the near term, say experts.

Of late, rupee woes, high crude oil prices, unabated foreign fund outflows and escalating trade tensions between the US and China have dampened the market sentiment.

Climate change capitalism: the booming business of private firefighters

With record-breaking wildfires carving up the American west this summer, firefighters have become the rarest of civil servants: the kind almost universally lauded as heroes. Reinforcements dropped into California’s firefight from as far away as Australia and American Samoa to bolster strained state and federal crews, reaching a high point of 14,000 firefighters on the ground.

Amazon under investigation

European authorities said Wednesday they have opened a preliminary antitrust investigation into Amazon over the e-commerce giant’s treatment of smaller merchants on its website.

EU Competition Commissioner Margrethe Vestager said she wants to examine how Seattle-based Amazon uses data it gathers through transactions, including those involving rival sellers, on its platform.

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