Bloomberg The UK’s stock and bond markets have lost at least $500 billion in combined value since Liz Truss took over as Prime Minister, with investor confidence shattered by a shock tax-cutting budget. Taking the helm at a time when the UK economy was already grappling with the specter of recession, the Truss government’s new fiscal policies fuelled concerns ...

  Bloomberg Global markets remained on edge on Tuesday as investors braced for a heightened risk of global recession, even as dip buyers emerged. Most stocks rise as Goldman Sachs Group Inc. and BlackRock Inc. soured on equities for the short term and Citigroup Inc. said bearish positioning continues to rise. Tech giants including Apple, Amazon.com and Alphabet advanced more ...

  ABU DHABI / WAM The total non-oil trade between the UAE and Oman from 2012 to 2021 amounted to more than AED362 billion, recording a growth rate of 98.9% to reach AED46.5 billion by the end of 2021, compared to AED23.4 billion by the end of 2012, according to data from the Federal Competitiveness and Statistics Centre (FCSC). The ...