BLOOMBERG Treasuries and US stock futures advanced on hopes that Congress will pass a debt accord to head off a default as White House and Republican congressional leaders stepped up lobbying in support of the deal. Treasury yields fell across the curve. Yields on short-dated bills — the most at risk of a default — were indicated lower as they …

BLOOMBERG The Big Tech rally of this year has further to run as the risk of a US recession drives investors into stocks that offer profitable growth in lean times, according to the latest Markets Live Pulse survey. Some 41% of 492 market participants surveyed said the highest returns this year would come from buying quality stocks focussed on profitability, …

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Monday said that the Emirates Mission to the Asteroid Belt (EMA) is a massive scientific project that will result in the establishment of Emirati companies specialised in space science and technology. “The UAE has launched a new …