BLOOMBERG European stocks and US equity futures pared losses sparked by China’s economic woes, while bonds gained amid signs of easing inflation. The Stoxx Europe 600 index pulled back from its lowest level in almost two months. China-exposed luxury-goods makers LVMH and Richemont remained among the biggest laggards, while Swedish landlord SBB plunged to an all-time low after its CEO …

BLOOMBERG The crypto rebound is losing steam, leaving Bitcoin on course for its worst month since the FTX exchange collapsed in November 2022. The roughly 8% drop in May is Bitcoin’s first monthly retreat of 2023. A gauge of the top 100 digital assets has dropped by a similar magnitude. The largest crypto coin bounced 84% from the turn of …

DUBAI / WAM H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, accompanied by H.H. Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai, on Tuesday visited Thukhor Social Club, an initiative of the Higher Committee for Development and Citizens Affairs, located at Al …