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Fujairah Crown Prince opens ‘FUJCON 2019’

FUJAIRAH / WAM His Highness Sheikh Mohammed bin Hamad bin Mohammed Al Sharqi, Crown Prince of Fujairah, highlighted the importance of preserving the maritime environment and maritime resources to achieving sustainable development, in line with international environmental conventions, most of which were ratified by the UAE. He also noted the directives of HH Sheikh Hamad bin Mohammed Al Sharqi, Supreme ...

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Stocks climb as Treasury rally takes breather; dollar rises

Bloomberg US stocks rallied and Treasuries fell as investor concern over an economic downturn showed signs of easing. The dollar edged higher. Every industry in the S&P 500 Index advanced, with technology and consumer shares leading gains. The yield on benchmark US debt rose after closing below 2.4 percent though the spread between three-month and 10-year rates remained in negative ...

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Pound advances as top Brexiteer revives hopes for PM’s deal

Bloomberg The pound climbed as Brexiteer Jacob Rees-Mogg signalled he could back the UK Prime Minister’s deal to leave the European Union, as he kept alive the possibility that her plan might pass through parliament, which did not. Sterling reversed earlier declines to lead gains across the Group-of-10 currencies as Rees-Mogg said Theresa May’s deal was “better than not leaving ...

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