Bloomberg Apple Inc. has sold $14 billion of bonds to take advantage of cheap borrowing costs, tapping the market for a third time since May as the company looks to return more cash to shareholders. The company issued debt in six parts. The longest portion of the offering, a 40-year security, will yield 95 basis points above Treasuries, after initially ...

Bloomberg Global stocks climbed on renewed hopes for stimulus, progress on vaccinations and receding concerns about volatile retail trading. Silver pulled back from an eight-year high. Europe’s Stoxx 600 Index gained around 1%, with technology shares outperforming ahead of earnings from Amazon.com Inc. and Google’s parent Alphabet Inc. BP Plc dropped after posting results that fell short of expectations on ...

Bloomberg Oil rose, following back-to-back weekly declines, as broader markets rallied. With headline prices largely range-bound over the past couple of weeks, the more significant market moves have been in the structure of the oil futures curve. Brent’s second-month contract is the most expensive versus a month later in more than a year. That formation — known as backwardation — ...

DUBAI / WAM Enoc Group on Monday announced that the construction of its pavilion at Expo 2020 has been completed. The state-of-the-art pavilion under the theme of ‘Reimagine Energy,’ occupies a plot of approximately 2,060 m2 and comprises five distinct structures. The pavilion was built using 700 tonnes of steel to minimise waste and environmental impact, and to promote environmental ...

Dubai / WAM flydubai, the Dubai-based airline, has announced that twice-weekly flights from Dubai International (DXB) to Tbilisi International Airport (TBS) in Georgia are available to be booked. Flights to Tbilisi resume as the authorities in Georgia ease travel restrictions for international travel from February 01. Jeyhun Efendi, Senior Vice President, Commercial Operations and E-commerce at flydubai, said, “We have ...

ABU DHABI / WAM The Central Bank of the UAE (CBUAE) has issued a Consumer Protection Regulation, the foundation of its new Financial Consumer Protection Regulatory Framework (FCPRF) and aims to ensure the fair treatment and protection of consumers. The new Regulation is supported by Decretal Federal Law No. 14 of 2018 Regarding the Central Bank and Organisation of Financial ...

ABU DHABI / WAM/Agencies The UAE and the US aligned on ways to make progress on the global climate agenda in a meeting between US Special Presidential Envoy for Climate, John Kerry and UAE Special Envoy for Climate Change and Minister of Industry and Advanced Technology, Dr Sultan Ahmed Al Jaber. In his first dialogue with the region in his ...

Abu Dhabi / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan, has sent a message expressing his deepest condolences to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud of Saudi Arabia, on the death of Princess Noura bint Fahd bin Mohammed bin Abdurrahman Al Saud. HH Sheikh Mohammed bin Rashid Al Maktoum, Vice ...

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, have reviewed the final preparations of the Emirates Mars Mission team as the Hope Probe is a few ...

ABU DHABI / WAM After successfully establishing air and sea links, Israel is looking into the potential of road traffic with the UAE to further develop the bilateral trade corridor, said the top diplomat at the newly opened Israeli embassy in Abu Dhabi. The air and sea links have already enabled goods traffic on flights within a few hours and ...