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Fajr
05:10
Monday
12
November 2018

Fajr
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05:10
Sunrise
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12:06
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15:15
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Markets

2,802.88 -0.53%
Volume
87,591,426
Turnover
-0.53%
Trades
1,658
9
Up
5
Flat
21
Down
Traded stocks 35
4,954.23 -0.96%
Volume
63,311,344
Turnover
-0.96%
Trades
1,879
8
Up
8
Flat
14
Down
Traded stocks 30
Most active
Gulfa
5.84
ADIB
4.15
CBI
0.75
Gulf Cement
0.9
DRC
7.5
ADNH
3.8
Julphar
2.1
ADCB
7.91
ADIB
4.15
FAB
14.2
Etisalat
16.86
GFH
1.28
ADIB
4.15
GFH
1.28
Salama
0.73
DXB Entertainments
0.35

Marketwatch


2 hour 9 minute

HQ2 in the D.C. area could help Amazon snag a $10 billion Pentagon contract

As Amazon.com Inc. looks close to announcing where it will place its second headquarters, analysts are pointing out that a big footprint in the Washington, D.C., area could help the company secure a massive Pentagon contract. The potential new site in the northern Virginia suburb of Crystal City, Va., “could only help the chances of Bezos & Co. landing JEDI,” said Wedbush Securities analysts in a note dated Friday. That’s a reference to the Joint Enterprise Defense Infrastructure contract, which could be worth as much as $10 billion over a decade and is expected to be awarded in April. Amazon...
2 hour 10 minute

This government mortgage program helps veterans with spotty credit history and gets better results

Greg Sohnrey came home from Iraq in 2010 so badly injured the Veterans Administration said the then-30-year-old would never work again. But for Sohnrey, that experience paled next to losing a baby daughter, then watching two young sons go under a surgeon’s knife to repair holes in their hearts. Although it meant more upheaval, Sohnrey and his wife, Tammie, decided to move their family to Seattle from Texas, for what they believed would be better-quality pediatric care. And once there, they decided to become homeowners. As Sohnrey put it, “We just didn’t want to move around anymore, Just wanted to...
4 hour 53 minute

Trump quotes trade group saying Comcast violates antitrust law

In a tweet, President Donald Trump said Comcast CMCSA, -0.63% "routinely violated antitrust law," in remarks he ascribed to the American Cable Association. The trade group did write a letter expressing concern that a vertically integrated Comcast-NBC Universal poses more of a threat than the AT&T-Time Warner deal that the Department of Justice also opposed. Trump has frequently taken aim at the alleged anticompetitive practices of media companies whose stories paint him in an unflattering light, including CNN owner AT&T T, +0.95% as well as Amazon AMZN, -4.02% whose CEO Jeff Bezos is owner of the Washington Post. Have breaking...

4 hour 54 minute

Tesla had a record third quarter, so why do doubts persist?

Why isn’t everyone satisfied with what Tesla Inc. reported as its third-quarter results? Tesla TSLA, -3.28% delivered more cars to customers in the third quarter than it did in all of 2016, and delivered for investors $271 million in pretax operating profit, its first profitable quarter in two years, and only its third ever. But not everyone is cheering. Skeptics, especially prominent short sellers such as Jim Chanos, who tweets as @WallStCynic, and Rob Majteles, @treehcapital on Twitter, continue to express doubts about the company and its numbers, in particular whether Tesla made all the deliveries to customers it says...
5 hour 13 minute

This chart shows fizzling momentum in the housing market

Only 13% of Americans say they plan to buy a home within the next 12 months, marking the third straight quarter in which fewer people expect to become homeowners. That statistic comes from the National Association of Home Builders’ quarterly Housing Trends Report, published in early November. Of four age groups surveyed, millennials are the most likely to be planning a home purchase, with a 19% share of that generation responding yes. The numbers decrease steadily as age increases: 13% of Gen-Xers, 7% of baby boomers, and 3% of seniors plan to buy. About 54-55% of active buyers of every...
5 hour 17 minute

Saying he has broad appeal, Sherrod Brown says he may run for president

Add Sen. Sherrod Brown to the list of Democrats who may run for president in 2020. The just-reelected Ohioan said his message of empowering workers should be a blueprint for his party as it aims to win back the White House. He offered the following self-assessment to Cleveland.com: “My message clearly appeals to Democrats, Republicans and independents. We showed you can get votes by being authentic and standing up for workers.” Sen. Sherrod Brown Brown also said an “overwhelming” number of people have told him he should think of a presidential run, and he and his family intend to discuss...

5 hour 44 minute

Trump Today: Staying home on Veterans Day, President says stock market is rattled by prospect of Democratic ‘harassment’

President Donald Trump on Monday opted to spend Veterans Day at the White House, as he said the stock market is being hurt by the prospect of Democratic lawmakers “harassing” him. TRAVEL LID CALLED EARLY A so-called travel lid was called around 10 a.m. Eastern, meaning the president was not going to leave the White House. There were no public events scheduled for the president on the Veterans Day holiday. That didn’t stop the president from tweeting about the stock market DJIA, -1.62% SPX, -1.32%  , which was open on Monday. He said the prospect of what he called “presidential...
5 hour 45 minute

What to expect in the lame-duck session of Congress

Now that the tumultuous election cycle has come to a close, lawmakers are now focusing their efforts on passing measures to avoid a government shutdown during what is known as the lame-duck session. The House and the Senate jointly must pass appropriation bills to ensure sectors of the budget continue to receive funding. As it stands, the House and Senate have passed 5 out of 12 appropriation bills. If however, they are unable to resolve the seven remaining bills, the government may be due for a partial shutdown. Alternatively, Congress could come up with a continuing resolution to substitute for...
7 hour 35 minute

Opinion: What to expect from Washington’s new Big Three

Now that Democrats have taken control of the House, the question is this: Can Washington’s big three actually get anything done over the next two years? Or are we headed for more nasty partisan gridlock as both sides position themselves for 2020? I’m referring of course to President Trump, Senate Majority Leader Mitch McConnell and Nancy Pelosi, who hopes to reclaim the throne and become Speaker of the House again (putting her second in line for the presidency after VP Pence, by the way). All three face re-election in 2020. In terms of what we can expect, consider this: Remember...

12 hour 11 minute

Opinion: When Big Brother is in your phone, in your car, everywhere

Alarmists tell us the revolution in mobile computing, robotics, autonomous-drive vehicles and the like threaten about half of the jobs in advanced industrial societies, and could relegate the masses to waiting on tables and drive unconscionable inequality. However, the bigger threat could be the herding of human behavior by big data and marketing analytics. The job-killing innovations are driven by artificial intelligence. Computer programs that can collect and process huge amounts of data at lightning speeds and most importantly, independently learn — write new algorithms to better accomplish assigned objectives. Those can perform tasks as simple as assembling and dispatching...
22 hour 58 minute

In jab at Trump, Macron denounces nationalism as ‘betrayal of patriotism’

French President Emmanuel Macron denounced nationalism Sunday at a ceremony commemorating the end of World War I, in a pointed rebuke at some world leaders, including President Donald Trump, sitting just feet away. “Patriotism is the exact opposite of nationalism. Nationalism is a betrayal of patriotism. By saying our interests first, who cares about the others, we erase what a nation holds dearest, what gives it life, what makes it great and what is essential: its moral values.” President Emmanuel Macron “I know there are old demons which are coming back to the surface. They are ready to wreak chaos...
22 hour 58 minute

Lawsuits, accusations fly as Florida begins arduous recount process

An arduous recount process began Sunday in Florida as both sides of a close U.S. Senate race launched legal actions and the state again commanded national attention over an election controversy. The recount of the state’s Senate and governor’s races began in many counties on Sunday, and dozens of others will begin recounting on Monday or Tuesday. Technical problems with voting machines in Broward County, a focal point of dispute, delayed the beginning of the recount there by several hours. Meanwhile, election officials in Palm Beach County said they would be pressed to meet the Thursday deadline for a machine...