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Stock bulls bet it all on earnings guesses with troubled record

Bloomberg You’re never sure what earnings seasons will bring. Hence their volatility. But one thing is certain about the first-quarter results about to be disclosed. They couldn’t matter less to the market’s current valuations. And while it’s a Wall Street cliche that “the guidance is what matters,” that view is being taken to absurd extents right now, when the S&P ...

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Sheikh Mohammed announces first female Arab astronaut

DUBAI / WAM In a new step that translates to the UAE’s relentless pursuit towards global leadership in the field of space exploration, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced the names of the two new Emirati astronauts who will form the second batch of the ...

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Dubai’s non-oil external trade reaches AED1.182trn in 2020

DUBAI / WAM Dubai’s non-oil foreign trade strongly rebounded from the challenges posed by the global economic repercussions of Covid-19 and the suspension of business activity by countries across the world in the first half of last year to record high growth in 2020. Boosted by its resilience to global headwinds, as well as its rapid economic recovery and revitalised ...

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