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TASI rises 71.58 points with Food & Beverage sector leading

RIYADH: Saudi Arabia’s Tadawul All Share Index gained 71.58 points, or 0.64 percent, to close at 11,277.60 on Wednesday as 136 of the 224 stocks finished in the green, while 75 ended in the red. The top performing sector of the Saudi Stock Exchange was Food & Beverages, which soared 2.35 percent, while the Insurance and Banks sectors followed by 1.70 and 1.50 percent, respectively. While the parallel market Nomu rose 0.88 percent to close at 20,864.69, the MSCI Tadawul Index edged up 0.85 percent to close at 1,517.45.

Bed Bath & Beyond files for US bankruptcy

One of the original big box retailers, it has had years of dismal sales and losses and said it will close all stores.

Sunny Balwani’s Net Worth and Theranos Salary

Sunny Balwani Net Worth
Ramesh “Sunny” Balwani is a businessman who has been convicted of fraud. He was the president and chief operating officer of Theranos, a private health technology company that was started by his then-girlfriend Elizabeth Holmes. He was the second most important person in the fall of Theranos and its false claims to investors that they […]

Alibaba’s breakup bid raises hope for end to China’s tech crackdown.

Shares in top Chinese tech firms rise after Alibaba plan fuels hopes of letup in regulatory scrutiny of the sector.

First Residents BancShares Soars Pre-Market on Silicon Valley Deal

Stocks of First residents BancShares Inc. surged 20% in premarket buying and selling Monday after the bank protecting…

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