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Stocks rise with yields as Fed messages digested

  Bloomberg European stocks rise and US index futures pointed to a stronger open on Wall Street after two days of losses triggered by Federal Reserve signals that interest rates would continue to rise for a while yet. Europe’s Stoxx index rises 0.8%, led by energy, banking and utilities, though shares stayed on track to snap a four-week rising streak. ...

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Mubadala takes strategic stake in Singapore’s AirCarbon Exchange

  Abu Dhabi / WAM Mubadala Investment Company and AirCarbon Exchange (ACX) have successfully completed a transaction under which Mubadala has acquired a strategic stake in ACX, supporting ACX’s establishment of the first fully regulated carbon trading exchange and carbon clearing house in Abu Dhabi. ACX, based in Hub71, is a global environmental commodities exchange that uses distributed ledger technology ...

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Rashid rover Moon mission to launch on November 28

  DUBAI / WAM The ambitious Emirates Lunar Mission (ELM) of the Mohammed Bin Rashid Space Centre (MBRSC) is set to launch on November 28 at the earliest, at 3.46 am US Eastern Standard Time/12.46 pm UAE Time. The dates and times are subject to change depending on weather and other conditions. The announcement follows the confirmation of Rashid Rover’s ...

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