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World-beating India stocks cement haven status with new record

Bloomberg Having emerged as a safe haven amid this year’s global equity rout, Indian stocks look poised to extend their lead over world peers and finish 2022 on a high. A return of foreign investors is bolstering the market, where the benchmark S&P BSE Sensex Index rise to an all-time high as risk assets rejoiced over a softer US inflation ...

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Food import costs globally to reach $2 trillion this year: FAO

Rome / WAM Food import costs globally are projected to reach nearly $2 trillion this year, or higher than previously expected, the UN Food and Agriculture Organisation (FAO) said in a report. The new forecast of $1.94 trillion would represent an all-time high and a 10 percent increase over the record level of 2021. However, the pace of increase is ...

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UAE President to attend G20 Summit in Bali, Indonesia

  Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan will attend the G20 Summit, which will take place in Bali, Indonesia from November 15-16. Chaired by Indonesian President Joko Widodo, the 17th G20 Heads of State and Government Summit will welcome heads of state and government officials from the world’s leading economies to address major ...

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