Bloomberg Global markets climbed ahead of a speech by Treasury Secretary nominee Janet Yellen in which she’s expected to call for expansive government action to bolster the US economy. The advance was broad across equities, with futures on the Russell 2000 Index of small-cap companies registering strong gains. Banks led the advance in Europe’s Stoxx 600 Index. Ten-year Treasury yields ...

DUBAI / WAM Dubai Electricity and Water Authority (Dewa) and Emirates Global Aluminium (EGA) on Monday announced that the UAE has become the first country in the world to produce aluminium using the power of the sun. Under an agreement signed on Monday, Dewa will supply EGA’s smelter with solar power from the Mohammed bin Rashid Al Maktoum Solar Park. ...

ABU DHABI / WAM Masdar announced on Monday that it is joining forces with the Abu Dhabi Department of Energy, Etihad Airways, Lufthansa Group, Khalifa University of Science and Technology, Siemens Energy, and Marubeni Corporation in an initiative designed to support the development of Abu Dhabi’s green hydrogen economy. Senior executives from each organisation signed a Memorandum of Understanding (MoU) ...