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US futures rise as Pelosi completes Taiwan visit

  Bloomberg US stock futures climbed on Wednesday as some of the investor anxiety over tense US-China ties eased, while Treasuries extended a slide sparked by hawkish Federal Reserve comments. S&P 500 futures and contracts on the Nasdaq 100 both rise by about 0.4%. Europe’s Stoxx 600 was little changed as investors assessed signs of resilience in the latest company ...

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Fertiglobe revenues up 105% to AED5.40 billion in Q2 2022

  ABU DHABI / WAM Fertiglobe, the strategic partnership between Adnoc and OCI, on Tuesday reported that its Q2 2022 revenues increased 105% to AED 5.40 billion ($1,471 million), while adjusted Ebitda grew 155% to $770 million compared to Q2 2021. Free cash flow increased to $789 million in Q2 2022 from $328 million in Q2 2021, supporting a first-half ...

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Sheikh Mohamed makes phone call to Sri Lankan president

  Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan, has made a phone call to the President of Sri Lanka, Ranil Wickremesinghe, congratulating him on his election as the country’s new president. His Highness Sheikh Mohamed bin Zayed also wished him success in leading Sri Lanka towards stability and peace and overcoming the circumstances it ...

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