BLOOMBERG US equity future and bonds slumped as inflation once again took centre stage and traders mulled the likelihood of multiple interest rate hikes this year. Contracts on the Nasdaq 100 and S&P 500 fell following comments from Federal Reserve Governor Christopher Waller who said he favoured more policy tightening in the central bank’s battle with inflation. Swaps traders are ...

DUBAI / WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Honorary Chairman of Young Arab Leaders (YAL), affirmed that enhancing the leadership and influential role of youth, as well as empowering them with the necessary tools and innovative skills, are key pillars of growth in Arab countries. These pillars are essential for successfully ...

ABU DHABI / WAM The Abu Dhabi Waste Management Company (Tadweer) has enhanced its operations to meet the increase in food waste during Ramadan. The emirate of Abu Dhabi is expected to see a total 5-8 percent increase in food waste, amounting to around 1,000 to 1,500 tonnes, by the end of the month of Ramadan. Tadweer’s optimised operations during ...