DUBAI / GULF TIME Celebrations are starting early at OliOli(R) with the return of the iconic Museum of the Moon, to mark the last days of Ramadan and the joyous Eid al Fitr. The 5-meter replica of the moon, created by world-renowned artist Luke Jerram, will take over OliOli(R)’s Creative Lab, where families are invited to bask in the glory ...

BLOOMBERG Beleaguered US regional banks are assessing whether bond sales to replace lost deposits are worth the cost, as credit investors weigh whether they’re worth the risk. The arrival of quarterly bank earnings reports has spurred speculation on which financial institutions will brave an unpredictable bond market. Average corporate note yields jumped above 6% in the past 12 months and ...

BLOOMBERG The Swiss National Bank (SNB) may need to raise borrowing costs more, according to President Thomas Jordan. “We can’t exclude that we might have to tighten monetary policy again,” Jordan told reporters in Washington, where he’s attending meetings of the International Monetary Fund (IMF) and World Bank. The SNB has increased interest rates by 225 basis points in the ...