NEW YORK | Xinhua | U.S. stocks surged on Tuesday as voters headed to the polls on Election Day, reflecting market optimism and hopes for a positive outcome in the election amid strong trading activity. The Dow Jones Industrial Average rose 427.28 points, or 1.02 percent, to 42,221.88. The S&P …
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Kampala, Uganda | THE INDEPENDENT | Buganda Kingdom has demonstrated its commitment to the Kingdom’s economy and cooperation with key market players by undertaking a substantial investment in Airtel Uganda’s Initial Public Offering (IPO). Charles Peter Mayiga, the Kingdom’s Prime Minister pledged to procure 2 million shares on behalf of the …
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Kampala, Uganda | THE INDEPENDENT | The Uganda Blood Transfusion Services (UBTS) has raised concern over decreasing blood stocks which experts are now attributing to a high number of road traffic accidents and a surge in malaria. Samuel Davis Wante, the Blood Collection Clinical Team lead at the Nakasero Blood Bank …
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New York, United States | AFP | US stocks sank into the red on Monday as attacks on Saudi crude production and record jumps in oil prices whipped up investor anxieties about the global economy. Saturday’s devastating attacks on Abqaiq — the world’s largest oil processing facility — and the …
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London, United Kingdom | AFP | European stock markets rallied on Wednesday after a mixed session in Asia, as analysts warned of potential economic fallout from political gridlock in the United States triggered by the country’s midterm elections result. The dollar slid against main rivals, with the pound boosted also …
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New York, United States | AFP | Twitter shares were hammered Tuesday at midday following reports that Israel was weighing action against the company, adding to the growing woes of social media stocks. Near 1800 GMT, Twitter shares were down 12.0 percent at $30.79 following comments by Israeli Justice Minister Ayelet …
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Hong Kong, China | AFP | Steel and aluminium producers across Asia sank Friday on news of Donald Trump’s controversial tariffs, though some analysts said the long-term effects on the sector might not be as bad as thought. The president said Thursday he would slap levies of 25 percent on …
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Tokyo, Japan | AFP | Bitcoin prices plunged about 15 percent in Asian trade Wednesday before recouping some of the losses as investors apparently took fright at news that a South Korean exchange had been hacked. The unit, which hit a record $19,500 at the start of the week, took a …
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New York, United States | AFP | The Dow hit another milestone Wednesday, ending above 22,000 points for the first time following another round of strong earnings that have overshadowed the lack of progress on President Donald Trump’s agenda. Trump himself claimed credit for the surge, noting on Twitter Tuesday that …
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New York, United States | AFP | US stocks dipped Thursday as the House of Representatives delayed a vote on a health care replacement bill seen as a barometer of congressional support for President Donald Trump’s agenda. Trump and Republican congressional leaders had pushed hard for the bill, which would undo …
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The Independent Uganda: You get the Truth we Pay the Price