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RIYADH: Saudi Arabia’s main stock index, TASI, started the trading week higher in line with rising oil prices, which recorded their sixth weekly gain on Friday, amid concerns over tight supplies. Brent crude oil exceeded $90 per barrel, and US benchmark WTI crude oil rose to $86.8 per barrel. TASI edged up by 0.66 percent, to 12,259 points, and the parallel Nomu market was
RIYADH: The Kingdom’s stock market fell for a second consecutive day on Monday, as cautious trading took over, and investors braced for earnings announcements. At the closing bell, the main index, TASI, edged down by 0.6 percent to 12,068 points, partially shrugging off gains from the past two weeks. Similarly, the parallel Nomu market slipped 0.6 percent to close at 25,573
RIYADH: The Saudi bourse slightly retreated at 10:40 a.m Saudi time amid fears among traders on the spread of omicron. The market saw a wave of volatility trading driven by declines in shares of most major companies. The main index, TASI, fell 0.57 percent to 11,104 points while the parallel market, Nomu, remained flat at 26,554 points. Anaam International Holding Group’s
Long before COVID-19 hit Sri Lanka’s shores, grassroots women’s organisations fought poverty pay, long hours, and unsafe working conditions in the country's garment manufacturing districts. These organisations have been advocating for the people producing high-end clothing for brands such as H&M, Next, JC Penny, Benetton, Marks & Spencer, Gap, Victoria’s Secret, Ralph Lauren and Triumph. Garments account for approximately 45% of Sri Lanka's export income. Up to 85% of workers employed in this sector are women working in assembly line operations, who earn between LKR12,000 and 20,000 per...