ABU DHABI/AD MEDIA OFFICE The Department of Municipalities and Transport (DMT) has announced the opening of …
Read More »Pound falls as inflation in Britain cools; stocks climb
BLOOMBERG The pound weakened and global bonds rallied after inflation in Britain slowed more than expected, reviving speculation about how many more times the Bank of England (BOE) will increase interest rates. Stocks in the UK and Europe advanced. The UK Consumer Prices Index was 7.9% higher than a year ago in June, a sharp drop from the 8.7% reading …
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