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US futures slide as global rate-hike wagers surge

  Bloomberg US equity-index futures fall with Treasuries after a chorus of Federal Reserve officials reiterated their resolve to continue rate hikes and traders raised tightening wagers for other major central banks. September contracts on the S&P 500 Index fall 0.8% after the gains put the equity benchmark on course for the longest streak of weekly gains since November. Technology ...

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Gold heads for first weekly drop amid mixed signals from Fed officials

Bloomberg Gold headed for the first weekly decline as traders weighed mixed signals from Federal Reserve officials on the size of the next interest rate increase. Bullion dropped to a three-week low amid an ongoing discussion on whether the Fed will shift to less aggressive rate hikes. The policy makers offered divergent views, with St. Louis’s James Bullard urging another ...

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UAE President makes new appointment at ICP

  Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has issued a Federal Decree appointing Major General Sultan Yusuf Abdul Rahman Al Nuaimi, Director-General of Residency and Foreigners Affairs at the Federal Authority for Identity, Citizenship, Customs & Port Security (ICP). Al Nuaimi will be responsible for preparing policies and strategies related to the entry ...

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