Dubai / WAM Whatever its size or power, no country today can exist autonomously, said President of Senegal Macky Sall speaking on the worries of a slow-down in trade on the back of protectionist sentiments in the United States. “It would be a mistake to fall back on our own economies because economies are interdependent. Capital, goods and people are …

  Bloomberg Petrochemical and banking shares boosted Saudi Arabia’s bourse on Sunday after oil prices firmed at the end of last week, while small and mid-sized stocks were the main movers on other Gulf markets. Saudi Arabia’s index added 0.8 percent with nearly three-quarters of the 14 listed Saudi petrochemical shares advancing, after Brent oil futures closed 1.9 percent higher …

  Bloomberg The hedge fund business isn’t what it used to be. For starters, a lot of funds in the industry forgot to hedge at crucial moments over the past decade, according to the men now running the $200 billion wealth management unit of Denmark’s biggest lender, Danske Bank A/S. “If you look back over time, there are a lot …