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US futures climb with European stocks, oil

Bloomberg US futures and European stocks climbed on Monday as investors considered the outlook for inflation and vaccine progress. Travel companies and automakers led the Stoxx 600 Index to the highest level in a year. Danone, the world’s largest yogurt maker, jumped 5% after announcing it would replace its chairman. Brent crude topped $69 a barrel as economic data from ...

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Mohamed Bin Zayed Majlis opens with great turnout of UAE youth

ABU DHABI / WAM The third edition of the Mohamed Bin Zayed Majlis for Future Generations (MBZMFG) opened on Sunday under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces. The 2021 Majlis consists of virtual sessions led by decision makers, government officials, experts, ...

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India foreign-exchange reserves become world’s fourth biggest

Bloomberg India’s foreign-exchange reserves surpassed Russia’s to become the world’s fourth largest, as the South Asian nation’s central bank continues to hoard dollars to cushion the economy against any sudden outflows. Reserves for both countries have mostly flattened out this year after months of rapid increase. India pulled ahead as Russian holdings declined at a faster rate in recent weeks. ...

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