Bloomberg US futures dipped with European stocks as the highest oil prices since 2014 stirred fears that a spreading energy crunch will derail the global pandemic recovery. West Texas Intermediate crude rises past $80 a barrel and China’s coal futures reached a record as flooding shuttered mines. European equities were modestly lower, with declines led by travel and property firms. ...

Bloomberg Surging energy prices are kindling bullish bets on developing-nation exporters, with Russia emerging as traders’ favourite investment destination. Russia’s ruble has gained more than any other emerging-market currency this month, bolstered by the prospect of higher oil revenues, while the nation’s stocks outperformed as a broad gauge of developing equities sank. It marks an abrupt change of pace for ...

DUBAI / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, has affirmed that Expo 2020 Dubai embodies the aspirations of the GCC countries towards a promising and prosperous future, and “reflects a history of joint Gulf action with an inspiring and rich path that led us to achieve qualitative achievements across all ...