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Stocks climb as investors mull oil drop, rate fears

  Bloomberg Stocks in Europe and US futures climbed on Thursday as investors assessed attractive valuations and a drop in oil prices against hawkish messages from central bankers on reining in inflation. Europe’s Stoxx 600 Index rose 0.5%, with construction and consumer shares leading gains, while energy stocks were laggards. Trading volumes are lighter than usual, with UK markets shut ...

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China utility shares primed for gains on reopening, subsidies

  Bloomberg Shares linked to Chinese utilities are primed to extend their rebound as the economy’s reopening spurs electricity consumption and tens of billions of dollars-worth overdue subsidies may finally make their way, analysts say. A sub-gauge of utility stocks on the CSI 300 Index has jumped nearly 10% since a recent mid-March low, outpacing a less than 3% rise ...

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UAE to chair UN’s commitee on Peaceful Uses of Outer Space

Abu Dhabi / WAM The UAE will chair the Committee on The Peaceful Uses of Outer Space (Copuos). With 100 member states, Copous is one of the largest UN committees and plays a major role in governing the exploration and use of space for the benefit of all humanity. Sarah bint Yousif Al Amiri, Minister of State for Public Education ...

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