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US stocks drop as bond rally sinks bank shares

  Bloomberg Treasuries rallied, sending 10-year yields to the lowest since November, while the dollar slumped with US stocks as investors reassessed post-election market moves spurred by speculation Donald Trump’s policies would jumpstart American economic growth. Trump yesterday gave investors little reason to add to bets that had taken the dollar to a 14-year high and stocks to records. Some ...

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‘UAE-India biz ties have strong potential for further growth’

  Abu Dhabi / Emirates Business A high-level delegation from the UAE is participating in the 8th eighth Vibrant Gujarat Global Summit which kicked off on January 10 – under the theme of ‘Sustainable Economic & Social Development’ and will conclude today in Gandhinagar, the capital of Gujarat state in Western India. The group is headed by HE Dr Rashid ...

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MOCD lauds Enable Foundation’s efforts to integrate people with special needs

  Dubai / Emirates Business Her Excellency Najla bint Mohammad Al Awar, Minister of Community Development, (MOCD) received a delegation from Enable Foundation – part of Desert Group – at her office in the Ministry headquarters in Dubai. The delegation was headed by Reem Al Ghaith, Director-General of the Foundation, which is one of the leading national institutions working to ...

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