BLOOMBERG Global equities struggled on Wednesday as investors braced for more policy-tightening from the Federal Reserve, even as results from some of the biggest European and American companies hinted at a softening economy. The European benchmark fell, snapping six days of gains. LVMH slumped as much as 4.5%, dragging the luxury-goods sector lower, after Europe’s biggest company provided further evidence ...

BLOOMBERG Chinese stocks resumed declines on Wednesday, underscoring the need for authorities to act quickly for the market to sustain the sharp rebound seen after policymakers’ latest pledges to revive the economy. The Hang Seng China Enterprises Index, which tracks major Chinese companies listed in Hong Kong, dropped 0.8% after surging 5.3% in the previous session. A Bloomberg Intelligence gauge ...

DUBAI / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, has issued Executive Council Resolution No (55) of 2023 on the Board of Directors of the Knowledge Fund Establishment. Ahmad Abdul Kareem Julfar will chair the Board while Mohammed Abdullah Al Shaibani will serve as the Vice ...