Bloomberg Credit Suisse Group AG recommended investors to go underweight global equities following the Jackson Hole symposium, where central bankers doubled down on their bid to tame inflation through higher interest rates. The argument for an early dovish pivot by the Federal Reserve and other major central banks is now “clearly out of the window,” Michael Strobaek, global chief ...

Bloomberg Reliance Industries Ltd will invest 2 trillion rupees ($25 billion) to roll out its 5G services across India, its billionaire-chairman Mukesh Ambani said as he continues to expand and diversify his $220 billion empire. Reliance Jio Infocomm Ltd., the telecom unit of the retail-to-refining conglomerate will deploy a “standalone 5G” version that doesn’t depend on the earlier 4G network ...

  Abu Dhabi / WAM The Ministry of Defence – represented by the Joint Operations Command – has begun operating an air bridge to transport humanitarian aid provided by the UAE to Pakistan. The relief aid includes shelter materials, humanitarian needs, food and medical parcels for those affected by torrential rains and floods, with the aim of contributing to supporting ...