BLOOMBERG Domestic institutional investors are on track for their biggest monthly exodus from Indian stocks in two-and-a-half years, another warning sign on the longevity of the record rally in the $3.7 trillion market. Local funds, insurers and banks have sold a net $1.1 billion worth of shares so far in July, the most since February 2021, according to data compiled …

BLOOMBERG The pound weakened and global bonds rallied after inflation in Britain slowed more than expected, reviving speculation about how many more times the Bank of England (BOE) will increase interest rates. Stocks in the UK and Europe advanced. The UK Consumer Prices Index was 7.9% higher than a year ago in June, a sharp drop from the 8.7% reading …

DUBAI / WAM Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment, witnessed the launch of the 11th National Dialogue for Climate Ambition, organised by the Ministry under the slogan “Accelerating the Shift; Decarbonising Ground Mobility” in collaboration with Emirates Driving Company. The 11th edition of the dialogue targets the transport sector and enhances its sustainability and participation …