Bloomberg The recent rebound in emerging-market stocks isn’t over yet as investors move to assets that benefit from an improved outlook for the global economic recovery, according to Goldman Sachs Group Inc. “We’re quite positive on EM stocks on a tactical basis,” said Caesar Maasry, a New York-based emerging-market strategist at the firm. “There has been an increasing preference for ...

ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, has reviewed ways of further developing the strategic partnership between UAE and France over a phone call with French President Emmanuel Macron. The two leaders discussed the latest developments in the region, with a ...

Bloomberg Oil’s weekly winning streak has stopped in its tracks. After six straight periods of gains, US benchmark crude futures dropped 8.3% this week. Market sentiment soured after the Federal Reserve warned of the coronavirus pandemic’s prolonged damage to the economy. Plus, fears over a second wave of virus infections threaten to disrupt any demand recovery. While crude has pushed ...