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UAE attracts foreign investments of $20 billion in 2020
Foreign direct investment (FDI) into the United Arab Emirates rose to $19.88 billion in 2020, up 44.2% from the previous year, the government said on Saturday.
Cairn Energy sues Air India to enforce $1.2 billion arbitration award - court filing
Cairn Energy has sued India's flagship carrier Air India to enforce a $1.2 billion arbitration award that it won in a tax dispute against India, according to a U.S. District Court filing reviewed by Reuters.
India's daily COVID-19 deaths near 4,000 as police sent to halt dumping of bodies
India reported on Saturday its smallest daily increase in coronavirus infections in nearly three weeks, but deaths stayed near the 4,000-mark as the World Health Organisation warned that the second year of the pandemic could be worse than the first.
Taiwan tightens curbs after surge in domestic COVID-19 cases
Taiwan raised its coronavirus alert level on Saturday in the capital, Taipei, and the surrounding city, bringing curbs for a period of two weeks that will shut many venues and restrict gatherings in the wake of 180 new domestic infections.
Massive replenishment begins to ease U.S. fuel shortages
Motorists in southeast U.S. states on Saturday continued to hunt for fuel as a massive replenishment effort took hold, helping ease shortages from a cyberattack that cut supplies from Florida to New Jersey.
Burundi's parliament passes $870 million budget for 2021/22 FY
Burundi's parliament passed the government's planned budget of 1.7 trillion francs ($869.7 million) for the financial year starting July, up 8% from expenditure for the current fiscal year.
U.S. capital running out of gas, even as Colonial Pipeline recovers
Washington was running out of gasoline on Friday, even as the country's largest fuel pipeline network ramped up deliveries following a cyberattack and U.S. officials assured motorists that supplies would return to normal soon.
IMF mission says Ghana economy rebounding
A country mission of the International Monetary Fund said on Friday that Ghana has managed its COVID-19 outbreak very effectively and its economy is rebounding with the support of strong policies.
India reports daily rise of 326,098 in coronavirus infections
India reported on Saturday 326,098 new coronavirus infections over the prior 24 hours, taking its tally to 24.37 million, while deaths showed a slight fall, to 3,890.
China's number of new investors grew in April at slowest in 13 mths
The number of China's new investors grew in April at its slowest pace in 13 months, hit by a lack of upside momentum for the stock market and persistent worries over policy tightening.
Wall Street ends volatile week sharply higher
Wall Street closed higher in a broad rally, an upbeat conclusion to whipsaw week of buying and selling as signs of a rebounding economy squared off against mounting inflation jitters.
Colonial shipping at normal rates based on shipper nominations -spokeswoman
The Colonial Pipeline is shipping at normal rates, based on nominations from shippers, a spokeswoman for the company said on Friday evening.
U.S. payments startup Marqeta reveals revenue doubling in IPO filing
Payment card issuer Marqeta Inc revealed a doubling of revenue in 2020 in an initial public offering (IPO) filing with U.S. securities regulators made public on Friday.
U.S. tariff review considers commodity shortages, inflation -official
The Biden administration is weighing concerns about commodity shortages and inflation as it reviews trade tariff policy, the top White House economist said on Friday.
Fed approves acquisition of BBVA's U.S. banking arm by PNC
The U.S. Federal Reserve said on Friday it had approved the acquisition of the U.S. operations of Spanish lender BBVA by PNC Financial Services Group Inc, clearing the way for a deal first announced in November.
U.S. halts operations at Caribbean oil refinery after breakdowns
U.S. regulators on Friday ordered the Limetree Bay refinery on St. Croix, U.S. Virgin Islands, to cease operations for at least 60 days, throwing the multibillion-dollar overhaul of the massive plant into jeopardy.
AMC shares add to rally with strong focus among retail investors
Shares in heavily shorted AMC Entertainment Holdings closed up 1.6% in busy trading on Friday as one analyst raised their price target for the cinema operator's stock, a focus in social media forums popular among retail investors.
Argentina's Fernandez ends Europe tour with positive IMF signals, bonds rise
Argentine President Alberto Fernández said on Friday he wanted to reach a deal with the International Monetary Fund as quickly as possible as he wrapped up a positive European tour that has helped buoy the South American country's depressed bond prices.
U.S. stocks surge in recovery; dollar, bond yields dip
U.S. stocks rallied in a sharp rebound on Friday as investors set aside inflation worries and bought shares hammered by the week's volatility, with the shift back into riskier assets dragging on the dollar.
U.S. payments startup Marqeta makes IPO filing public
U.S. payment card issuer Marqeta Inc on Friday made public its registration for an initial public offering in the United States, revealing that its revenue doubled in 2020. (Reporting by Niket Nishant and Tiyashi Datta in Bengaluru; Editing by Devika Syamnath)
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