Bloomberg If Democrats do “sweep” the November elections and increase capital gains taxes, it would be unlikely to cause more than a temporary slide in the US stock market, according to JPMorgan Chase & Co. Strategists and prediction markets are increasingly pricing in a “Blue Wave” where Democrat Joe Biden wins presidency and his party takes control of the Senate, ...

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, has received a message from Xi Jinping, President of the People’s Republic of China, regarding the strengthening of the close ties of friendship and the comprehensive strategic partnership between the two countries. The message ...

Bloomberg Crude prices slid after oil workers in Norway called off a strike that had shut down about 8% of the country’s production. Futures in London and New York both fell over 1%. The settlement will restore production at six fields already shut down by the dispute and prevent an escalation to another six. It also averts the shutdown of ...