Saturday , 7 February 2026

Recent Posts

Best Buy to sever ties with Huawei on security concerns

Bloomberg Best Buy Co., the large consumer electronics retailer, plans to sever ties to Chinese phone maker Huawei amid US government criticism of the phone maker, a person with knowledge of the matter said. Best Buy follows US mobile-phone carriers AT&T Inc. and Verizon Communications Inc. in distancing themselves from Huawei, which has come under scrutiny by US officials concerned …

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Bond traders face gut-check in record $300bn US auctions

Bloomberg Bond bulls who enjoyed a rare rally in short-term Treasuries last week might not want to get too comfortable: The world’s biggest debt market is about to be inundated with an unprecedented wave of issuance. The US Treasury will probably auction about $294 billion of bills and notes this week, its largest slate of supply ever. The $30 billion …

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Dana Gas lifts Abu Dhabi; some Saudi blue-chips advance

Reuters Gulf stock markets were generally little changed on Sunday, though Abu Dhabi’s Dana Gas surged on news of plans for its first annual dividend for several years. The Abu Dhabi index rose 0.8 percent as Dana Gas jumped 8.3 percent after the board said it would seek shareholder approval for a cash dividend for 2017 totalling 5 percent of …

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