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European stocks extend global slump; futures advance

Bloomberg European stocks extended a global retreat and German bonds climbed as investors weighed the risks of the upcoming earnings season and economic hit of rising virus cases. S&P 500 and Nasdaq futures pointed to a higher open after finishing in the red yesterday. The UK’s two-year bonds yielded less than Japanese debt for the first time. In Asia, shares ...

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Mars Mission will inspire new projects in all sectors to take risks

Abu Dhabi / WAM The UAE’s Mars Mission will inspire new projects and enterprises, including big companies and SMEs, in all sectors, to take risks, mitigate them and succeed, a minister told Emirates News Agency (WAM). “When you talk about transforming the economy and developing science and technology, and building new companies and small and medium enterprises, it depends on ...

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Jafza’s retail volumes rise 10.6% to reach AED37.6b

DUBAI / WAM Jebel Ali Free Zone (Jafza) has recorded 10.6 percent growth in the retail and e-commerce sector with a total trade value of AED37.6 billion despite the sudden challenges facing both regional and global economy. More than 1,000 companies from 96 countries play a pivotal role in Jafza’s retail and general trading sector. Approximately 39 percent of these ...

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