Bloomberg Not only is the rising market punishing shorts, it’s lifting their favorite targets at a rate that is by some measures three times as great as everything else. As a result, the 50 most-shorted stocks—that is, the ones bears had bet would fall —have instead rallied 16 percent since the end of June, the biggest gain in more ...

  DUBAI / Reuters Stock markets in Qatar and Egypt rose to fresh multi-month highs on Wednesday, following global bourses higher, but Saudi Arabia’s index pulled back as oil gave up some of its recent gains. Doha’s main index added 0.7 percent to 10,996 points, a new nine-month high. Stocks most exposed to foreign capital flows were among the top ...

  DUBAI / Emirates Business Dubai has earned a global reputation for launching unique and spectacular real estate projects, and a Dutch developer hopes the emirate will now provide a successful springboard for stunning floating homes designed to take their owners back to nature. The company, New Living on Water (NLW), will give a Middle East debut to its striking ...

  Dubai / Emirates Business Emirates NBD, one of the leading banking groups in the region, announced the launch of Emirates NBD Pay, a near-field communication (NFC) based mobile contactless payment service that enables customers to make in-store purchases instantly via their mobile banking app. The bank, a front-runner in digital and mobile banking solutions in the UAE, is the ...

  DUBAI / Emirates Business Huge numbers of UAE citizens are risking missing out on valuable cover by neglecting to arrange their travel policies until the last hour, alarming insurance providers of the potential that holiday goers may not understand the value and necessity for these products to ensure a safe and happy vacation. In the midst of the Dubai ...

    Emirates Business A Dubai Cares delegation led by Chief Executive Officer, Tariq Al Gurg visited Ethiopia for the closing of Dubai Cares’ Home Grown School Feeding (HGSF) program. The program, launched in September 2015, is a component of the philanthropic organization’s wider Enhanced School Health Initiative (ESHI) pilot program that is being implemented by the World Food Program ...

  For 32 years, a group of Republican and Democratic foreign-policy experts has gathered here each summer to debate strategic issues facing the country. This year the bipartisan group had a strange imbalance: None of the Republicans was prepared to argue the case of the GOP nominee, Donald Trump. Trump would probably be pleased to know that he failed to ...

  Donald Trump did it again. He kicked up yet another controversy. This time over his reckless comments interpreted by some as a threat of violence against presidential campaign rival Hillary Clinton. Trump comment at a rally in Wilmington, North Carolina, about ‘Second Amendment people’ stopping a President Hillary Clinton from appointing judges has been blasted. He accused Hillary Clinton ...

  Vivint Solar was on fire. Think of this as a sudden flare rather than the start of a long, balmy afternoon, though. There’s no doubt the distributed solar-power company’s second-quarter results, released on Monday, took the market by storm. But context is all, and you don’t have to go back too far in Vivint’s history to get that context. ...

  It’s hard to overstate the amount of money that has been rushing into the debt of developing nations. The biggest exchange-traded fund focused on emerging-markets bonds has almost doubled its assets this year, data compiled by Bloomberg show. Dollar-denominated debt of developing economies is poised for its best annual return since 2009. Yields on the debt have dropped to ...