Bloomberg Goldman Sachs Group Inc strategists said there’s little reason to expect a major retreat in US stocks in the months ahead, even as the breadth of the rally that has pushed the S&P 500 index into successive records is getting increasingly narrow. Just five stocks account for 51% of the US benchmark’s returns since April, Goldman’s strategists led by ...

Dubai / WAM In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister, on Saturday issued Law No. 21 of 2021, establishing the Dubai Council to outline and deliver the emirate’s future development agenda with a view to boosting its leading edge competitiveness and leadership regionally and internationally, and ...

Bloomberg Oil set its biggest weekly gain in more than three months as the worst fears over the new virus strain have receded. West Texas Intermediate futures climbed 8.2% this week. Fuel consumption so far escaped any major blows from the omicron variant. Yet confidence is limited. Rallies are still punctuated by selloffs after rising infection rates prompted some governments ...