Diamond – CNBC reported the United Arab Emirates is rapidly becoming a force in trade in diamonds.
Articles Tagged "Dubai"
Coal – Bloomberg reported that by 2030, Dubai is planning to get close to one-fourth of its power from nuclear and clean coal. The market news is quoted as saying: The Dubai government said in June it aimed to diversify power-generation sources and improve efficiency to ensure an adequate energy supply through 2030. To read the full market [...]
Dubai’s debt problems are weighing heavily on the global bourses, given that it has its fingers in so many pies. Many insist the scenario is very similar to when Lehman Brothers collapsed, and Dubai’s problems could well be the catalyst for the market to fall further. For gold, caught in the maelstrom and getting whipped [...]
Gold Investing News reports gold lost about 4% after G20 meet. “High gold prices and extreme volatility in prices are affecting us,” said Joy Alukkas, chairman of Joyalukkas Group, a leading India-based gold and diamond retail chain with 40 major outlets across the world. He said the March 2009 earnings of Joyalukkas Group had fallen [...]
Gold Investing News report gold prices settle at a $920 mark after surpassing a $1,000 last month. The current price of gold, which was selling for $250 an ounce in 2001, is just too rich for some advisers, but there are others who insist an allocation to gold remains paramount in these uncertain economic times. [...]
Aluminum Investing News reports aluminum has been chosen fo Apple’s MacBook Pro laptop with its recent unveiling of its line of laptops. Apple executives remain very optimistic about the potential of the MacBook Pro to revolutionize laptop design. Today’s (Oct. 15/08) stock quotes for Apple (Nasdaq.GS:AAPL) remain down, with a 2.63 per cent decrease from yesterday: Apple [...]