RAMALLAH (Reuters) -Palestinian President Mahmoud Abbas named close confidant Hussein al-Sheikh as his deputy and likely successor on Saturday, the Palestine Liberation Organisation said, a step widely seen as needed to assuage international doubts over Palestinian leadership.Abbas, 89, has headed the Palestine Liberation Organisation (PLO) and the Palestinian Authority (PA) since the death o ...
Investing.com – Russia stocks were higher after the close on Saturday, as gains in the Oil & Gas, Power and Telecoms sectors led shares higher.At the close in Moscow, the MOEX Russia Index rose 2.10%.The best performers of the session on the MOEX Russia Index were NOVATEK PJSC (MCX:NVTK), which rose 5.25% or 65.60 points to trade at 1,314.60 at the close. Meanwhile, IPJSC YANDEX (MCX:YDEX) a ...
Investing.com -- The U.S. decision to tighten export controls on Nvidia’s H20 chips has introduced fresh complications for China’s AI sector, but the near-term disruption appears limited as domestic firms pivot to alternatives and deepen their investment in local ecosystems. Analysts at Bernstein say the ban may even hasten China’s shift away from reliance on American semiconductors, a ...
Investing.com -- A halt in Chinese imports of U.S. ethane, triggered by reciprocal tariffs, could lead to a sharp drop in ethane prices and strain Permian gas infrastructure, analysts at Bank of America said exploring the potential fallout.China is the world’s largest ethane importer, but current tariffs make U.S. ethane uneconomic compared to naphtha.BofA said the issue could be resolved i ...