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Stocks struggle, bonds dip

  Bloomberg Stocks in Europe and the US equity futures struggled for direction amid a debate over the scale of central bank monetary policy tightening needed to fight the inflation. Europe’s Stoxx 600 Index surrendered early gains as investors assessed cheaper valuations against the record jump in euro-zone consumer prices. Among individual moves, bootmaker Dr Martens Plc surged after its ...

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Adani shares hit by selloff in the wake of MSCI index review

  Bloomberg Some shares that are part of billionaire Gautam Adani’s conglomerate took a beating as investors adjusted their holdings to reflect changes in the composition and weighings in the MSCI India Index, according to an analyst who publishes at Smartkarma. Adani Green Energy Ltd., the group’s biggest firm by market value, led the rout, plunging a record 12% in ...

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UAE, Israel to advance bilateral trade beyond $10bn in 5 years

  Abu Dhabi / WAM Abdulla Bin Touq, Minister of Economy of the United Arab Emirates, and Major General (Retd) Orna Barbivay, Minister of Economy and Industry for the State of Israel, signed the UAE-Israel Comprehensive Economic Partnership Agreement (UAE-Israel CEPA) in Dubai, beginning a new era of cooperation between the two nations that established diplomatic ties in September 2020. ...

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