BLOOMBERG The Bank of Russia announced it will halt purchases of foreign currency on the domestic market for the rest of 2023 in an effort to help the ruble as the currency slumped toward 100 per dollar, its weakest in 16 months. “The decision was made in order to reduce the volatility of financial markets,” the central bank said in ...

BLOOMBERG Global stocks advanced, with France’s equity benchmark jumping 1%, after China lifted travel curbs. European travel and luxury companies led gains in the Stoxx 600 Index on speculation that companies will benefit an increase in Chinese tourism spending. The mood in markets was positive ahead of the key US inflation data, which may provide clues on the Federal Reserve’s ...

DUBAI / WAM Dubai Electricity and Water Authority (Dewa) provides a wide range of special offers and discounts to its customer through the Dewa Store, in collaboration with 471 public and private sector companies. The offers encourage customers to adopt a smart and sustainable lifestyle and help transform their houses into smart homes. Currently customers can avail of 818 offers ...