ABU DHABI / WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, chaired the meeting of the Ministerial Development Council. The meeting, held at Qasr Al Watan in Abu Dhabi, addressed a number of legislations, policies and initiatives to develop the government work ecosystem. The agenda of the meeting …

BLOOMBERG China’s stock market suffers from a lack of positive drivers as the new year begins, and Beijing’s support efforts are likely to keep falling flat amid persistent risks. Those are the key takeaways from an informal survey of 23 mostly mainland-based analysts and money managers by Bloomberg News. Geopolitical tensions, China deflation and a possible US recession are seen …

BLOOMBERG Stocks and bonds steadied with many investors clinging to sidelines ahead of a key US inflation report. Oil prices fell. US equity futures posted modest gains while Europe’s Stoxx 600 index erased a loss to trade little changed. Brent traded lower near $77 a barrel, reversing an earlier gain following more attacks on vessels in the Red Sea that …