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US futures jump on earnings boost; bond yields slide

  Bloomberg US stock-index futures rise amid growing optimism for another strong earnings-reporting season, while a selloff in Treasuries resumed with a debate raging around whether inflation is peaking. June contracts on the Nasdaq 100 and S&P 500 indexes climbed at least 0.6% each after Tesla Inc posted record profits that blew past estimates. Treasury yields advanced, with the 10-year ...

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Dubai’s journey in fight against Covid-19 documentary launched

  Dubai / WAM The Government of Dubai Media Office (GDMO), in partnership with Discovery, on Wednesday announced the launch of a two-part documentary Covid-19: Dubai, chronicling Dubai’s journey in combating the Covid-19 pandemic. The documentary, featuring two 45-minute episodes, highlights the emirate’s robust response to the pandemic and its effective health measures, which ultimately enabled the city to contain ...

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UAE launches domestic dirhams treasury bonds worth AED1.5bn

  Abu Dhabi / WAM The UAE, represented by the Ministry of Finance (MoF) as the Issuer, in collaboration with the central bank of the UAE (CBUAE) as the issuing and paying agent, announced the launch of conventional AED denominated Treasury bonds of the government of the UAE (T-Bonds), with benchmark auction size of AED1.5 billion (circa $400 million). Subject ...

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