ABU DHABI/ WAM The Emirates Red Crescent (ERC) has finalised preparations to send a vital shipment of winter clothing to the Gaza Strip, bolstering UAE efforts under the ‘Gallant Knight 3’ humanitarian operation. This timely aid addresses the urgent need for warmth during the region’s harsh winter. The Authority explained that 400,000 winter jackets, manufactured in Egypt, will be delivered ...

BLOOMBERG The Australian dollar’s late 2023 rally faces a new hurdle with inflation data expected to strengthen the case for earlier interest-rate cuts by the Reserve Bank. The Aussie jumped nearly 10% against the greenback from late October through December as the RBA sounded hawkish while traders priced Federal Reserve rate cuts this year. The rally may struggle to extend ...

BLOOMBERG Stocks and bonds posted small moves on Monday as investors recalibrated their bets in the wake of last week’s selloff, which saw the steepest loss for the S&P 500 since October. The Stoxx 600 benchmark was little changed along with futures in the US, while Asian markets declined. Boeing Co shares are in focus as groundings of the 737 ...