BLOOMBERG Investors are turning bearish once more, flocking to cash as economic growth expectations falter, according to Bank of America Corp’s (BofA) global fund manager survey. The broadest measure of sentiment — based on cash positions, equity allocation and economic predictions — fell in the October poll after showing an improvement in the summer months, strategists led by Michael Hartnett ...

BLOOMBERG Stocks struggled for direction and bonds trimmed a decline as investors kept a close eye on diplomatic efforts to contain the Israel war, including a visit to the region by US President Joe Biden planned for on Wednesday. Europe’s Stoxx 600 Index and futures contracts for US equities kept to narrow ranges as traders prepared for a flurry of ...

DUBAI/WAM Masdar City, a ground-breaking sustainable urban community in Abu Dhabi, and Huawei, a leading global provider of information and communications technology infrastructure, have joined forces through a Memorandum of Understanding that will help power the UAE’s journey to net zero. The agreement, signed today at GITEX GLOBAL 2023 by key Masdar City and Huawei leaders, will lead to knowledge-sharing ...