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US stock futures edge higher

BLOOMBERG US equity futures ticked higher and European stocks rose as more investors said the Federal Reserve is likely to pause interest-rate hikes on the back of cooling inflation data. Contracts on the S&P 500 and the Nasdaq 100 advanced by about 0.3%. In US premarket trading, Walt Disney Co dropped after predicting a wider loss for its streaming service ...

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Adani Enterprises weighs stock sale months after short-seller turmoil

BLOOMBERG Less than four months after allegations of fraud by a short seller tipped his business empire into crisis, billionaire Gautam Adani is considering tapping equity markets in a major test of investor confidence. Adani Enterprises Ltd, the Indian tycoon’s flagship, and at least two other group companies plan to hold board meetings on May 13 to consider raising funds ...

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RAK Ruler receives Ambassador of Canada

RAS AL KHAIMAH / WAM HH Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, on Thursday received at his palace at the Saqr bin Mohammed City, Radha Krishna Panday, Ambassador of Canada to the UAE, who called on him on the occasion of the beginning of his tenure. He was accompanied by the ...

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