Recent Posts

UAE, Scotland sign pact to promote bilateral trade, deepen technology, innovation and research collaboration

ABU DHABI / WAM Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, welcomed Neil Gray, Scotland’s Cabinet Secretary for Wellbeing Economy, Fair Work and Energy, to the UAE on Wednesday to discuss ways to develop trade and investment opportunities between the two countries — the latest in a series of high-level exchanges between the UAE and ...

Read More »

China stocks see stimulus falls short of dispelling

BLOOMBERG It’s a familiar pattern that’s played out time and again during China’s stock market rout this year: Bold policy steps to rejuvenate the economy spark a flicker of enthusiasm at the start of the trading day but the recovery fails to last and concern swiftly returns to the troubled property sector. Such was the price action that greeted the ...

Read More »

US equity futures slide on earnings; Alphabet drops

BLOOMBERG US equity-index futures dropped after Microsoft Corp and Google’s parent Alphabet Inc delivered a mixed picture of big tech earnings. Contracts on the Nasdaq 100 sank 0.6% and those on the S&P 500 were down 0.4%. Alphabet fell more than 7% in premarket trading after its cloud unit reported a smaller than expected profit. Microsoft, on the other hand, ...

Read More »
Send this to a friend