ABU DHABI / WAM The COP28 Presidency, in collaboration with the SME Climate Hub and We Mean Business Coalition, has launched a dedicated programme to help small and medium-sized enterprises (SMEs) in the Middle East and North Africa implement net-zero strategies. COP28 & SME Climate Hub for Mena was developed to elevate the role of SMEs and non-state actors in ...

BLOOMBERG Chinese stocks listed in Hong Kong slumped as trading resumed after a holiday, hurt by a broad risk-off mood across the region and continued concern about the nation’s economic outlook. The Hang Seng China Enterprises Index slid 3.2%, the most in nearly three months. Support from mainland traders was absent as markets there remain closed for the Golden Week ...

BLOOMBERG Stocks dropped with US Treasuries after hawkish signaling from the Federal Reserve bolstered speculation the US central bank will keep raising interest rates to counter inflation. UK fast-fashion retailer Boohoo Group Plc was among the sharpest decliners in Europe, plunging 10% after lowering its forecasts as it cuts prices to attract struggling shoppers. The region’s Stoxx 600 index retreated ...