DUBAI / Emirates Business MaK Middle East LLC, a Caterpillar company established in 2017, announced the opening of its new workshop in Dubai Maritime City to provide product support services in the Middle East region for Caterpillar’s MaK, CM and EMD branded medium speed engines. The new workshop will cater to customer needs for high quality factory after-sales support in ...

Bloomberg US stocks pared earlier gains as a decline in oil and technology shares offset speculation that the Federal Reserve won’t be forced to accelerate the pace of rate hikes. Personnel moves in the White House may also be giving traders pause. The S&P 500 Index rose above 2,800 for the first time since early February before retreating. An inflation ...

Bloomberg Fears of inflation and the possibility of a global trade war have rattled financial markets recently, sending cash flooding into exchange-traded funds that stand to benefit and out of those that likely will be hurt. Investors poured a record $334 million into the Vanguard Materials ETF, ticker VAW. At the same time, they pulled $96 million from the Vanguard ...