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Stocks, futures rise on stimulus bets; dollar declines

Bloomberg Global stocks rise with US equity futures as investors focused on the prospect of additional fiscal stimulus and supportive Federal Reserve policy amid the worsening pandemic. The dollar dipped. Europe’s Stoxx 600 Index opened higher in a broad-based rally. Stocks outperformed in South Korea and Hong Kong. US futures pointed higher, with Nasdaq 100 contracts leading gains ahead of ...

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India’s corporate bond sales to slow after record year

Bloomberg Debt sales in India’s rupee corporate bond market are likely to slow significantly this year after reaching a record in 2020, according to a Bloomberg News survey of debt arrangers. Issuance will fall by 17% to about 7.55 trillion rupees this year, according to the median estimate of six of the nation’s top debt arrangers. Companies have less need ...

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EGA, Geocycle UAE to create value from industrial waste

ABU DHABI / WAM Emirates Global Aluminium (EGA) and Geocycle UAE, part of the building solutions group LafargeHolcim, on Sunday announced they have signed an agreement to extend their ground-breaking 10-year partnership in creating value from industrial waste in the UAE. EGA has worked with LafargeHolcim since 2010 to find productive uses in the UAE for spent pot lining, the ...

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