Bloomberg European stocks tumbled as a new strain of the coronavirus in the UK caused chaos ahead of the Christmas holiday, with regional neighbours suspending travel with the nation following another missed deadline in Brexit talks. Travel and energy shares dragged the Stoxx Europe 600 Index down around 2% at the open as Italy, the Netherlands, Belgium and France closed …

Bloomberg Equity investors have given Singapore’s Sembcorp Industries Ltd. a big thumbs-up this year after it shed its loss-making marine unit. But 2021 may prove to be a lot less euphoric, according to analysts. The utilities firm is 2020’s top gainer on the benchmark Straits Times Index, after being the worst performer in the preceding five-year period. However, concerns over …

ABU DHABI / WAM The UAE has welcomed the implementation of the Riyadh Agreement between the legitimate Yemeni government and the Southern Transitional Council. It further welcomed the formation of a government of political competencies in Yemen, and expressed its hope that this will be a step towards a political solution and an accelerated end to the Yemeni crisis. In …