Chandini Monnappa

Bangalore

Editor-in-Charge of EMEA Headline News at Reuters

Works at @Reuters All views expressed are strictly personal Email: [email protected]

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Articles

Mideast Stocks: Dubai and Abu Dhabi indexes log sixth straight week of gains

2 weeks ago | zawya.com | Chandini Monnappa

Dubai's main share index and Abu Dhabi's benchmark index logged its sixth straight weekly gain, each closing the week 0.12% higher. On Friday, Dubai's main share index closed up 0.21% while Abu Dhabi's benchmark was flat. Dubai's benchmark index surged to a record high last Friday and continued its upward momentum earlier this week, fuelled by a wave of business agreements between the U.S. and the UAE announced during President Donald Trump's recent Gulf tour.
Mideast Stocks: Saudi Arabia's stock index sees worst session in six weeks

2 weeks ago | zawya.com | Chandini Monnappa

Saudi Arabia's benchmark stock index logged its worst session in six weeks, ending the day 1.2% lower, while most other major Gulf markets also closed in the red, as investors worried about mounting fiscal pressures in major economies. Moody's recent downgrade of the U.S. credit rating has shaken investor confidence, especially amid concerns that President Donald Trump's proposed tax cuts could add $3 trillion–$5 trillion to the existing $36 trillion debt.
Mideast Stocks: Dubai's main share index hits fresh record high

2 weeks ago | zawya.com | Chandini Monnappa

Most stock markets in the Gulf settled higher on Monday including Dubai's main share index , which rose 0.7% to a record high for a second consecutive session.
Mideast Stocks: Major Gulf markets varied as oil oversupply fears loom

3 weeks ago | zawya.com | Chandini Monnappa

Saudi Arabia's benchmark stock index ended slightly lower on Thursday, weighed down by a fall in oil prices on expectations for a U.S.-Iran nuclear deal, while a surprise build in U.S. crude oil inventories last week heightened investor concerns about oversupply. Oil prices are a catalyst for the Gulf's financial markets. Brent crude futures were down $1.98, or 3%, to $64.11 a barrel at 1217 GMT.
Mideast Stocks: Gulf markets lacklustre as global stocks rally loses steam

3 weeks ago | zawya.com | Chandini Monnappa

Most Gulf stocks were unchanged early on Thursday, as oil prices slid and broader Asian stocks fell after enthusiasm from easing trade tensions began to fade and investors waited for further cues. Oil prices slid on expectations of a potential U.S.-Iran nuclear deal, with Brent crude futures and U.S. crude falling more than 2% each.
UK food group Greencore seals $1.6 billion Bakkavor deal

3 weeks ago | today.westlaw.com | Chandini Monnappa |Eileen Soreng

(Reuters) -Convenience food manufacturer Greencore said on Thursday it had agreed to the terms of a recommended acquisition of UK fresh food provider Bakkavor Group, in a deal valued at 1.2 billion pounds ($1.59 billion). In April, the parties said...
Mideast Stocks: Gulf stocks inch lower as surplus oil worries weigh

3 weeks ago | zawya.com | Chandini Monnappa

Most Gulf stocks on Wednesday inched lower as a fall in oil prices over worries of increasing supplies hurt sentiment and investors paused to reflect over the implications of the U.S.-China tariff truce on the economy. Oil prices - a catalyst for the Gulf's financial markets -fell on Wednesday, as traders watched for a potential jump in U.S. crude inventories.
Mideast Stocks: Gulf markets trade around flat as oil prices ease

3 weeks ago | zawya.com | Chandini Monnappa

Most major stock markets in the Gulf crept higher early on Tuesday, as the prospect of increased supplies pressured oil prices and concern over U.S. President Donald Trump's trade policies slowed an Asian stock market rally. Oil prices - a catalyst for the Gulf's financial markets - fell 0.2% to $64.85 per barrel by 0510 GMT. Trump arrived in Saudi Arabia on Tuesday to start a four-day tour of the Gulf region, focused on economic deals rather than the region's security crises.
iag encarga 71 aviones de largo alcance repartidos entre airbus y boeing

4 weeks ago | lanacion.com.ar | Chandini Monnappa

(Reescribe con detalles y contexto, agrega autoría, cambiatitular y procedencia)By Chandini Monnappa9 mayo (Reuters) - IAG, propietaria de Iberia yBritish Airways, desveló el viernes sus planes de comprar 71aviones de largo recorrido a Airbus y Boeing,con lo que compartirá una importante ampliación de su flota alotro lado del Atlántico, un día después de que Reino Unido yEstados Unidos anunciaran un acuerdo comercial.
IAG encarga 71 aviones de largo alcance repartidos entre Airbus y Boeing

4 weeks ago | es.marketscreener.com | Chandini Monnappa

(Reuters) -IAG , propietaria de Iberia y British Airways, desveló el viernes sus planes de comprar 71 aviones de largo recorrido a Airbus y Boeing , con lo que compartirá una importante ampliación de su flota al otro lado del Atlántico, un día después de que Reino Unido y Estados Unidos anunciaran un acuerdo comercial. El grupo aéreo anunció un nuevo pedido de 32 aviones Boeing 787-10 para British Airways y 21 Airbus A330-900neo.