Bloomberg If investors keep pouring money into equity funds at their current pace, it could add a “breathtaking” $1.6 trillion to stocks this year, Bank of America Corp. (BofA) strategists say. Despite the market volatility spurred by rising bond yields and inflation bets, equity funds attracted a record $68.3 billion in the week through March 17, according to a BofA ...

Dubai / WAM The World Logistics Passport (WLP), the first ever global freight loyalty programme launched under the directives of Vice President, Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum at the World Economic Forum in Davos last year to increase opportunities for trade between emerging markets, has expanded into a global network of ...

Bloomberg Oil ended its worst week since October on a gain, a day after inflation concerns and worries over the trajectory of near-term demand triggered the largest daily loss in several months. Wall Street banks said the sell-off was transitory. Futures in New York ended the week 6.4% lower, with last week’s rise doing little to reverse the previous session’s ...