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03/04/2026
The UAE Global Aluminium Group announced that its facilities have entered a state of emergency shutdown.
Latest
7 m ago
According to media reports, the crew member of the shot-down American military aircraft has been "rescued".
8 m ago
Closing report of Middle East stock market
12 m ago
According to the AI Fast News of Every Economics, Dongwu Securities released a research report on April 3rd, giving Great Star New Materials (002372.SZ) a "buy" rating. The reasons for the rating mainly include: 1) the retail business fundamentals are solid, and overseas expansion is steadily advancing; 2) the gross profit margin remains stable, and cost control is effective; 3) operating cash flow is healthy, and the high dividend policy continues. (Daily Economic News)
13 m ago
Every.ai news, Dongwu Securities released a research report on April 3, maintaining a "buy" rating on Fruitera (600223.SH). The main reasons for the rating include: 1) The performance of 2025 is under pressure with double decline, and dividends and shareholder returns are stable; 2) The gross profit margin is stable with a slight increase, while the expense ratio has slightly expanded; 3) Raw material growth against the trend, structural adjustment of cosmetics, and pressure on pharmaceuticals; 4) Online adjustments, offline stores exceeding 500, and high growth in raw material exports. (Daily Economic News)
19 m ago
The United States has doubled its commitment to provide reinsurance guarantees for vessels willing to pass through the Strait of Hormuz to $40 billion and has introduced new insurance partners including American International Group and Berkshire Hathaway. The U.S. International Development Finance Corporation (DFC) announced a $20 billion reinsurance plan last month. The agency stated today that Travelers Insurance, Liberty Mutual Insurance, Berkshire Hathaway, American International Group, Starr, and CNA, along with Chubb Insurance, will provide an additional $20 billion in reinsurance support for its maritime facilities. DFC CEO Ben Bray stated in a release, "These leading U.S. insurance companies bring deep experience in maritime and maritime war insurance underwriting, enhancing our efforts to restore confidence in maritime trade." The agency also stated that it will work with insurance partners to determine which vessels are eligible for reinsurance. To apply for eligibility, applicants must provide information such as the ship's departure and destination, the main beneficiaries' location and their address, the cargo owner's location and address, and information on the lender providing financing for the vessel.
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