Tuesday , 14 July 2026

Recent Posts

Stocks roar back, bonds fall as trade angst ebbs; dollar drops

Bloomberg US equities rallied back from the biggest weekly rout in more than two years, with major benchmarks surging the most since early February on signs that an escalation of trade tensions was beginning to ease. Technology firms and banks were among the biggest gainers on the S&P 500 Index as a measure of the gauge’s valuation rose from a …

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Gulf stocks muted, Saudi bourse closes up despite missile attacks

Reuters Middle Eastern stocks were mixed on Monday with investors in Saudi Arabia largely ignoring an apparent escalation in the country’s three-year war with Yemen, after the conflict caused its first civilian death within Riyadh. The kingdom’s air defences shot down seven ballistic missiles fired by Yemen’s Houthi forces late on March 25, and debris killed an Egyptian resident of …

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UBS eyes small deals as Ermotti builds on bank’s push in wealth

Bloomberg UBS Group AG is considering small acquisitions to complement its focus on organic growth as it reverses a shrinking of assets following the financial crisis. “Our focus is on organic growth. Of course we look at small acquisitions here and there to complement our portfolio,” Chief Executive Officer Sergio Ermotti told Bloomberg TV on the sidelines of the China …

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