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MSCI reviews free float of Adani stocks amid investor concerns

Bloomberg Adani group stocks fell, ending a two-day rally, after MSCI Inc. said it was reviewing the amount of shares linked to the group that were freely tradable in public markets. Any decision by MSCI to cut its assessment of the number of Adani shares considered freely tradable or remove the stocks from its indexes will likely trigger more selling. ...

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Stocks advance with US futures as earnings in focus

  Bloomberg Stocks advanced with US futures as investors digested a slew of earnings reports and awaited data on US jobless claims. Contracts on US gauges signalled a rebound from Wednesday’s equity losses. Walt Disney Co. surged in premarket trading following better-than-expected results and a restructuring plan that includes job cuts and cost savings. Robinhood Markets Inc. rose on an ...

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UAE industry leaders discuss path to equitable and sustainable future

  Sharjah / WAM The Sharjah Investment Forum 2023 (SIF) hosted a panel session titled “Redefining Economies, Making Significant Strides For a Better Future” to engage in a thought-provoking discussion on the steps necessary to create a more equitable and sustainable future. The discussion explored the importance of investment in advanced technology and innovation, role of research and development, financing ...

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