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Held under the patronage of Sheikh Mansour, GMC second edition begins in Abu Dhabi

ABU DHABI / WAM The eagerly-awaited second edition of the Global Media Congress will begin tomorrow in Abu Dhabi at the Abu Dhabi National Exhibition Centre (Adnec). Held under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, the Congress is already renowned as one of the ...

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Europe stocks gain, focus turns to inflation data

BLOOMBERG European stocks rose on Monday ahead of inflation figures in the US and UK that could confirm interest rates have topped out. The Stoxx 600 index climbed 0.7%, buoyed also by Friday’s gains on Wall Street. Health firms were among the strongest performers, with Novo Nordisk A/S rallying almost 4% after a study backed the use of Wegovy, its ...

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Korea’s Kosdaq index erases all gains from short-selling ban

BLOOMBERG The boost to South Korean stocks from the ban on short-selling has quickly faded, with an index of small-cap stocks erasing all the gains seen following the regulator’s surprise decision. The Kosdaq Index slid 1.9% on Monday. It has fallen in every single session since the ban sparked a 7.3% jump on November 6. Electric vehicle battery names including ...

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