Bloomberg While US stocks fall ahead of what’s expected to be a hawkish Federal Reserve policy meeting, one investor just bet $65 million on a quick market rebound. The trade saw someone purchase roughly 20,000 call spreads that are linked to the S&P 500 and expire right before the Christmas holiday. The transaction involved selling calls with a strike ...

  ABU DHABI / WAM Borouge, a leading petrochemical company providing innovative, value-creating polyolefin solutions, announced on Tuesday a new long-term agreement with Adnoc Logistics and Services (Adnoc L&S). Through this partnership, Adnoc L&S will manage integrated logistics for Borouge to a new main logistical hub at Khalifa Port and Kizad in Abu Dhabi. The new agreement covers transportation and ...

  Abu Dhabi / WAM The Board of Management of the UAE’s Federal Authority for Nuclear Regulation (Fanr) convened and approved the operational plan of Fanr for the year 2022. The plan outlines a number of strategic projects to further strengthen Fanr’s regulatory oversight to regulate the nuclear and radiation sectors in the UAE to ensure the safety of public, ...