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Europe’s stuck-in-a-rut stock market may stay there throughout year

Bloomberg The consensus among equity strategists is that the European market is going nowhere for the rest of the year after their brisk rebound in the first half of 2020, although predictions range from Deutsche Bank AG calling for an 18% gain to Commerzbank AG’s forecast of an 11% slide. The Stoxx Europe 600 Index will end 2020 at a ...

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Sheikh Mohamed, France’s Macron discuss ties, regional peace efforts

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received on Saturday a phone call from President of France, Emmanuel Macron. During the telephone call, His Highness Sheikh Mohamed bin Zayed and President Macron discussed ways to enhance bilateral relations and cooperation between ...

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Oil posts best week since June as Saudis defend market recovery

Bloomberg Saudi Arabia’s warning to Opec+ cheaters and short-sellers alike helped oil prices stage their biggest weekly rally since June, despite a grim start to the week as industry heavyweights painted a troubling demand picture for the petroleum complex. Futures in New York rise 10% this week following a show of determination by Saudi Arabia, the most influential nation in ...

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