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Stocks, US index futures mixed after Asian gains

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Bloomberg Risk sentiment that boosted Asian markets weakened in European hours as investors weighed China’s better-than-forecast trade data against the threat of a reduction in central-bank support. Nasdaq 100 Index futures rise, while contracts on Russell 2000 Index fall, as the US markets reopened after the Labor Day holiday. Equity gains in China and Japan were followed by losses in ...

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SoftBank surges 10% after stock swap deal with Deutsche Telekom

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Bloomberg SoftBank Group Corp surged the most in nine months after unveiling a deal to acquire 4.5% of Deutsche Telekom AG and sell part of its stake in T-Mobile US Inc to the German telecommunications carrier. The Japanese investment giant announced a complicated deal under which it will swap T-Mobile shares for an initial 225 million shares of Deutsche Telekom. ...

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UAE govt launches ‘United Global Emirates’ campaign

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ABU DHABI / WAM The UAE Government has unveiled a global campaign, entitled ‘United Global Emirates’, to attract foreign investment and talents and promote the features that distinguish the UAE as one of the world’s most dynamic, competitive and innovative business hubs. The ‘United Global Emirates’ campaign will champion the world-class capabilities, services, infrastructure, legal frameworks and resources available to ...

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