Gulf Bourses Open Higher on LessHawkish Fed Stance

Feb 8 Reuters Gulf stock markets tarded higher on Wednesday after lesshawkish comments from U.S. Federal Reserve Chair Jerome Powell lifted sentiment and fuelled investor hopes that it may soon ease monetary policy. In an eagerly awaited speech earlier on Tuesday, the Fed39;s Powell reiterated that disinflation has begun. With lessaggressive interest rate hikes in the United […]
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Revolut to Offer Returns on Crypto Holdings via Staking

LONDON, Feb 7 Reuters Revolut is giving customers the chance to earn cryptocurrency rewards if they allow the lender to stake their coins to verify blockchain transactions, in a sign the digital bank is embracing crypto after a series of industry crashes. The feature will be available to customers in Britain and around 30 other […]
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French Strike Disrupts Power Supply and Petrol Deliveries

PARIS, Feb 7 Reuters A national strike against planned pension reforms reduced France39;s power supply and disrupted petrol deliveries from French refineries on Tuesday. Strikes have been taking place since midJanuary as unions protest against the government39;s plans to make people work longer before retirement. Public transport and schools have also been affected. Total power supply […]
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