Bloomberg European stocks slid while S&P 500 futures fluctuated as investors weighed scattered signs of economic improvement against the accelerating virus spread in the US, Brazil and India. The dollar slid against all of its major peers after three days of gains. Oil futures fell below $38 a barrel in New York. The yield on Treasury five-year notes traded near ...

Bloomberg The profits of Chinese industrial enterprises rebounded in May for the first time since November 2019, signaling the economy is continuing to recover from the coronavirus shutdowns Industrial profits rose 6% to 582.34 billion yuan ($82 billion) last month from a year earlier, data from the National Bureau of Statistics showed Sunday. That compared with a decline of 4.3% ...

ABU DHABI / WAM The Federal Transport Authority (FTA) – Land and Maritime, signed a Memorandum of Understanding (MoU) with Safeen, the marine services subsidiary of Abu Dhabi Ports, to provide emergency response services and support maritime rescue operations throughout the territorial waters of the United Arab Emirates. Under the terms of the MoU, Safeen will work closely with the ...