ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Joko Widodo, President of the Republic of Indonesia, held a phone call to discuss bilateral relations and ways to enhance ties, particularly in development areas, as part of the comprehensive economic partnership between the two countries. They also addressed several regional and international issues of …

BLOOMBERG British stocks rallied after data showed inflation in the UK slowed far more than expected, bolstering rate-cut bets. Argenx SE plunged after negative news on its skin disease drug trial, holding Europe back as the benchmark stalled near a January 2022 high. The pan-European Stoxx 600 Index ended the session with a 0.2%% gain. UK real estate stocks and …

BLOOMBERG European stocks slipped, following losses in the US and Asia as traders dial back optimism over possible Federal Reserve interest-rate cuts and trim positions before the long Christmas weekend. The autos and real estate sectors led declines as Europe’s Stoxx 600 index retreated 0.3%. The S&P 500 and Nasdaq 100 both dropped 1.5% Wednesday, although futures contracts pointed to …