Bloomberg US equity futures and European stocks dropped in the face of hawkish comments from Federal Reserve and European Central Bank (ECB) officials that ramped up investors’ expectations of higher interest rates. The dollar rallied and bonds fell. Contracts for both the S&P 500 and Nasdaq 100 retreated after the underlying indexes sank more than 1% on February 16. ...

Bloomberg The delayed arrival of a US recession will weigh on stocks in the second half of the year, according to Bank of America Corp. (BofA) strategists, who say a resilient economy thus far means interest rates will stay higher for longer. A team led by Michael Hartnett is among those predicting a scenario known as “no landing” in the ...

  Abu Dhabi / Gulf Time Following the success of Phase One and Phase Two of the Reem Hills luxury residential community on Al Reem Island, Abu Dhabi, Q Properties, a subsidiary of Q Holding, announced the launch of a new phase of the leading gated community in the heart of the capital. “This project was designed to embody our ...