Bloomberg The debate about when the Federal Reserve will start scaling back bond purchases is driving some investors to emerging-market assets less exposed to a potential surge in US yields. William Blair Investment Management and Fidelity International are bulking up on high-yield or frontier bonds that are less sensitive to US interest rates. Meantime, Bank of America Corp is recommending ...

DUBAI / WAM With Spain welcoming fully vaccinated international visitors starting from Monday, UAE travellers planning their summer getaways can now choose from over 30 cities in 19 countries across the Emirates network that have opened their doors for tourism and business. From July, Emirates will operate over 280 weekly flights from Dubai to cities in Europe, the US, Middle ...

DUBAI / WAM Emirates Central Cooling Systems Corporation (Empower) has saved more than 1,312 megawatts of electricity last year, which represents a total value of AED3.4 billion and marked a record number of fresh water savings, which amounted to more than 349 million imperial gallons by the end of 2020. The company reaffirmed its full commitment to support the UAE’s ...