Bloomberg The pound strengthened and UK stocks rise on reports that Prime Minister Boris Johnson is planning to resign. Investors said the news may spell some initial relief for UK assets, which have been battered by the country’s high inflation, weak economy and the political uncertainty. Sterling rises as much as 0.6% to $1.1994. The FTSE 250 Index, which ...

  ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has received a phone call from Chancellor of Germany Olaf Scholz, dealing with bilateral relations and ways to enhance them as part of the strategic partnership between the two countries. President His Highness Sheikh Mohamed bin Zayed and the German Chancellor also tackled a number of ...

  Bloomberg Opec Secretary-General Mohammad Barkindo, an oil industry veteran who steered the group through the creation of the Opec+ alliance, has died in his native Nigeria. He was 63. Barkindo was in the final weeks of his six-year tenure as the top diplomat at Organisation of Petroleum Exporting Countries (Opec), where he headed its Vienna-based secretariat. He had returned ...