Bloomberg US futures rise with stocks as signs of China’s recovery and resilience in Europe stoked optimism about the global economy. Treasuries and the dollar also gained. Contracts on all three major US gauges gained more than 1%, signalling a strong start to the first day of trading on Wall Street this year. Tesla Inc. dropped 4.1% in premarket ...

  Bloomberg International Monetary Fund (IMF) Managing Director Kristalina Georgieva warned that the global economy faces “a tough year, tougher than the year we leave behind.” “We expect one-third of the world economy to be in recession,” Georgieva told CBS’s ‘Face the Nation’ in an interview aired January 1. “Why? Because the three big economies — US, EU, China — ...

  Abu Dhabi / WAM More than 3,000 women and children have benefited from the services offered by the Dubai Foundation for Women and Children (DFWAC) during 2022, Shaikha Saeed Al Mansouri, Acting Director-General of the foundation, has announced. Al Mansouri also revealed that more than 10,000 people interacted with foundation through its platforms, while well over 2,000 people, including ...