ABU DHABI / WAM The UAE continues its pioneering efforts to combat climate change through various institutions that have implemented diverse initiatives to reduce greenhouse gas emissions, increasing investment in clean energy, and launching various projects in the renewable energy sector.In this report, the Emirates News Agency (WAM) will highlight the efforts of the Environment Agency — Abu Dhabi (EAD) ...

BLOOMBERG European stocks retreated and US equity futures wobbled after Australia’s unexpected interest-rate increase deepened conviction that US and European central banks push ahead with policy tightening to stamp out inflation. The Stoxx 600 index slipped as much as 0.4%, held down by growth-sensitive sectors such as energy and real estate. HSBC Holdings Plc bucked the decline after a profit ...

BLOOMBERG As Wall Street economists and central bankers debate if and when the US economy will slip into a recession, big money managers aren’t waiting to find out. Increasingly, professional stock pickers are shifting money out of economically sensitive shares like banks while parking it in stocks seen as resilient during  economic downturns, such as utilities and consumer staples. Hedge ...