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Hilton posts bigger-than-expected loss as coronavirus hammers bookings
The pandemic has forced Hilton and other hotel operators to lay off or furlough thousands of employees as bookings plunged
Reuters NewsSABIC CEO says company took maximum hit from coronavirus in Q2
SABIC CEO Yousef al-Benyan cautioned that the outlook for the second half remained similar to the first half, citing lower economic growth globally, lower oil prices and weaker demand
Reuters NewsStocks slip as markets await U.S. stimulus
The MSCI world equity index, which tracks shares in 49 countries, slipped narrowly into the red, with prospects of a fourth straight day of gains in doubt
Reuters NewsKuwait Finance House's Q2 profit down 77.5% hit by lockdown
Net profit fell to $41.28mln for the quarter to June 30
Reuters NewsSaudi SABIC posts third straight quarterly loss, forecasts more of the same in H2
SABIC cited $314mln in impairments on capital assets and lower average selling prices and sales volumes for the loss
Reuters NewsNintendo reports five-fold profit jump as Animal Crossing sales top 22mln
Maintains full-year Switch sales forecast of 19mln units
Reuters NewsTadawul: Foreign investors bought a net $247.45mln of stocks in July
Saudi institutions were net buyers of 807.56 million Saudi riyals of stocks
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