Bloomberg US stock investors are pricing in stronger odds of a recession than are evident from positive macroeconomic indicators, according to Goldman Sachs Group Inc strategists. “A recession is not inevitable,” Goldman strategists led by David Kostin wrote in a note. “Rotations within the US equity market indicate that investors are pricing elevated odds of a downturn compared with ...

  Abu Dhabi / WAM Abu Dhabi National Oil Company (Adnoc), together with its long-standing partner Borealis AG, on Wednesday announced an intention to float 10 percent of Borouge plc, their petrochemicals joint venture, on the Abu Dhabi Securities Exchange (ADX) through an initial public offering (IPO). The offering is expected to open on May 23, subject to regulatory approvals ...

  ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan received a letter from President MiloÅ¡ Zeman of the Czech Republic regarding the development of relations between the two countries. The letter was delivered to His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, by Jiří Slavík, Ambassador of ...