April 7, 2024

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Latest April 7, 2024

Saudi Arabia Stocks Rise on Sectoral Gains; Real Estate and Education Lead

Key Points: Saudi Arabia stocks gained on Sunday's close, driven by the Retail, Telecoms & IT, and Energy & Utilities sectors. The Tadawul All Share index rose by 0.66%. The top performers were Saudi Real Estate Co., Alkhaleej Training & Education Co., and Arabian Contracting Services Company CJSC. Sinad Holding Co, ADES Holding Company SJSC,...

Dutch Government Faces Diplomatic Dilemma Over ASML Servicing Requests from China

Key Points: Dutch government grapples with requests from ASML to service equipment sold to Chinese customers amid pressure from the U.S. to restrict such services. ASML's pivotal role in the semiconductor industry adds complexity to the geopolitical dynamics surrounding its servicing requests. Geopolitical tensions related to Ukraine's conflict with Russia influence the Dutch government's approach...

X Corp Faces Legal Battle Over Forced Account Blockades in Brazil

Key Points: X Corp, formerly Twitter, faces legal challenges in Brazil after being compelled to block certain accounts by court orders. The company is prohibited from disclosing details of the orders, raising concerns about potential revenue losses and office closures. X Corp expresses bewilderment over the blocking orders and the inability to disclose information. For...