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European stocks gain ahead of slew of central bank decisions

BLOOMBERG European stocks kicked off the week with gains as Israel’s military action in Gaza proceeded more cautiously, while investors look to the Federal Reserve for direction on interest rates. The Stoxx 600 index was up 0.6% in a broad risk-on move, with almost all the sectors trading in positive territory. Oil fell as Middle East conflict remained contained as ...

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Foreign funds are selling India stocks at fastest pace in months

BLOOMBERG Foreign investors have cut holdings of Indian stocks at a rapid pace over the past week, with disappointing earnings from some bellwether companies souring sentiment just as concerns about the Israel-Hamas war and higher-for-longer US rates hurt demand for riskier assets. Overseas funds sold $768.4 million of local shares alone, the biggest single-day outflow since June 2022 on a ...

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20,000 relief packages prepared with participation of 5,000 volunteers in ‘Tarahum for Gaza’ Campaign

ABU DHABI/ WAM The “Tarahum for Gaza” campaign continues with strong momentum and participation of citizens and residents of the UAE. Substantial contributions from the community are continuing in parallel with official efforts, reflecting the UAE’s deep-rooted values of human solidarity. In its third week, the campaign witnessed the participation of 5,000 volunteers during activities organised at the Etihad Arena ...

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