Bloomberg Semiconductor stocks across the globe retreated on Monday after fresh US curbs on China’s access to American technology added to a disappointing start to the earnings season, stoking concerns that the industry’s downturn is far from over. In China, bellwether Semiconductor Manufacturing International Corp (SMIC) falls 4% in Hong Kong, the most in five weeks. Declines were steeper in ...

  Bloomberg As recession looms, stock prices slide and sterling sinks, British firms are backing off expansion and instead handing money back to investors by buying back shares like never before. Companies in the FTSE 100 Index are set to repurchase stock worth almost $57 billion this year, significantly above previous peaks, according to financial services firm AJ Bell Ltd. ...

  Dubai / WAM Non-oil trade of Dubai Airport Free Zone (Dafz), part of the Dubai Integrated Economic Zones Authority (DIEZ), rose by more than 36 percent year-on-year in 2021, reinforcing Dubai’s strength as a global hub for trade and commerce. Figures shared by the Dafz in cooperation with Dubai Customs showed that the free zone’s non-oil trade exceeded AED162 ...