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US futures advance as debt talks keep traders on edge

BLOOMBERG Markets pointed to a recovery from a selloff on Wall Street as traders pinned hopes on talks in Washington to break a deadlock on raising the debt ceiling. The dollar climbed to the highest in more than five weeks. US stock futures rose and Treasuries steadied as White House and congressional negotiators continued to try to resolve their differences. ...

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Abu Dhabi Terminals handles 20 million TEU since inception

ABU DHABI / WAM Abu Dhabi Terminals (ADT) has announced that it has set a record by exceeding 10 million man-hours without lost time injury (LTI) and by handling 20 million twenty-foot equivalent units (TEU) containers. These achievements represent major milestones for ADT since inception. Recording more than 10 million man-hours without LTI is rare across the industry and reflects ...

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Alcoa, EGA sign major alumina supply deal

ABU DHABI / WAM Alcoa and Emirates Global Aluminium (EGA) have announced a new multi-year agreement, with Alcoa set to supply EGA with smelter grade alumina. The agreement, spanning eight years starting in 2024, includes volume options that enable EGA to procure up to 15.6 million metric tonnes of alumina from Western Australia. This supply agreement represents a substantial portion ...

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