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Stocks slip after hawkish Fed, weak Chinese economic data

BLOOMBERG Stocks retreated on Thursday, with sentiment subdued by the Federal Reserve’s hawkish tone and weak economic data from China. Futures for US benchmarks slid after Chairman Jerome Powell said nearly all Fed officials expected it would be appropriate to raise interest rates “somewhat further” this year following the pause. The tech-heavy Nasdaq 100 was set to trim some of ...

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UAE President and Chad transitional president witness exchange of agreements and MoUs

ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Chad’s interim president, Mahamat Idriss Deby, have witnessed the exchange of a number of agreements and memoranda of understanding between the UAE and Chad in various fields aimed at advancing bilateral cooperation. The agreements and MoUs – which were signed at Al Shati Palace – included the ...

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Manchester City’s acquired titles pave the way towards global leadership, Mansour bin Zayed affirms during meeting with club’s board

ABU DHABI / WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, Minister of the Presidential Court and Owner of Manchester City FC, today received at Qasr Al Watan Pep Guardiola, Manager of Manchester City FC, and Khaldoun Khalifa Al Mubarak, Chairman of the Executive Affairs Authority and Chairman of the Board of Directors of ...

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