Bloomberg A move by the world’s largest sovereign wealth fund to snub a Chinese apparel firm and growing concern that surging oil prices will complicate policy makers’ easing path sparked fresh pessimism over Chinese and Hong Kong’s stocks. Stock benchmarks in China and Hong Kong both tumbled by more than 3% before paring losses sharply. The CSI 300 closed ...

  DUBAI / WAM Bloomberg Media is expanding in the Middle East and Africa with the creation of a regional studio in Dubai, established by Bloomberg Media Studios, its branded content division. The studio will comprise a full team of creative and business professionals and will serve the growing roster of clients across the region who are looking to engage ...

  ABU DHABI / WAM Agthia Group on Tuesday announced that the group’s net revenue reached AED3.07 billion for 2021, equivalent to 49% year-on-year growth compared to same period last year, following the consolidation and integration of key acquisitions into the business. The Group’s net profit stood at AED216 million compared to AED34 million in the previous year, in which ...