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Stocks, bonds extend selloff; dollar gains

Bloomberg Stocks and bonds extended their selloff on Thursday as a hawkish drumbeat from central banks and a lockdown in China further frayed investor nerves. The dollar gained. A global equity index hit a six-week low as Nasdaq 100 futures fall after a sales warning from Nvidia Corp. Miners led declines in Europe as commodities dropped amid concerns that aggressive ...

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UAE’s Hope probe discovers ‘patchy’ Mars proton aurora

  Abu Dhabi / WAM The Emirates Mars Mission (EMM), the first interplanetary exploration undertaken by an Arab nation, has made first observations of a new type of proton aurora around Mars. The spatially variable ‘patchy’ proton aurora potentially triggers new insights into unexpected behaviours in the Martian atmosphere. The EMM team has worked together with Nasa’s Maven (Mars Atmosphere ...

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Adnoc awards $1.83b deals for drilling-related services

  Abu Dhabi / WAM Abu Dhabi National Oil Company (Adnoc) on Wednesday announced the award of five framework agreements valued at $1.83 billion (AED6.72 billion) for Directional Drilling and Logging While Drilling (LWD) to support its efforts to expand production capacity of its low carbon oil and gas resources to help meet the world’s growing demand for energy. The ...

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