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European stocks decline to three-week low, dollar rises

Bloomberg European stocks sank to a three-week low and US futures slid as evidence of a second virus wave dashed hopes of a quick economic recovery. Treasuries and the dollar rose. The Stoxx Europe 600 Index pared some losses, but was still 1.4% lower. S&P 500 futures sank 2.2% and Treasuries rallied, pushing the 10-year yield to 0.67%. BP Plc ...

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India stocks drop as second-wave worries drag Asian markets

Bloomberg India stocks declined as the number of coronavirus cases continued to rise even as the economy gradually reopens for business. A second wave of infections in China was a drag on the sentiment in the region. The S&P BSE Sensex was set for its steepest drop in four weeks, falling 2.3% to 32,999.44 as of 12:30 pm in Mumbai. ...

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Islamic economy can play key role in revival of global marketplace

DUBAI / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of The Executive Council of Dubai and General Supervisor of the Dubai: Capital of Islamic Economy Initiative, said that as the global hub of the Islamic Economy, Dubai is well placed to lead the sector’s contributions to revitalising the regional and international ...

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