Recent Posts

European stocks steady with futures before ECB rate liftoff

  Bloomberg European stocks steadied with US equity futures on Thursday as investors braced for the European Central Bank’s first interest rate hike in 11 years, while Russia resumed sending gas to Europe through a key pipeline, dispelling investors’ worst fears. The Stoxx Europe 600 Index and the euro recouped losses following the resignation of Italy’s Prime Minister Mario Draghi. ...

Read More »

Recession fears see $85b fund manager bet on India stocks

  Bloomberg India is best positioned among emerging nations to withstand a global recession, as a thriving domestic market makes it less dependent on exports, according to US-based GQG Partners LLC. The firm has more than $7 billion invested in India, where favorable demographics are driving local consumer demand, Sudarshan Murthy, a portfolio manager, said in an interview. GQG’s upbeat ...

Read More »

G42, Bayanat achieve 3 times their Emiratisation targets in 1.5 months

  ABU DHABI / WAM G42, the leading UAE-based AI and cloud computing technology holding company, and Bayanat, its subsidiary specialising in AI-powered geospatial intelligence, were recognised by the UAE Ministry of Human Resources and Emiratisation (MoHRE) for achieving three times their Emiratisation targets in a short span of a month and a half. The recognition reflects G42’s efforts to ...

Read More »
Send this to a friend