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Stocks, US futures advance as inflation worries ease

  Bloomberg US stock-index futures rise as softer oil prices and a weaker dollar signalled fears about inflation and the pace of monetary tightening are fading. Futures on the S&P 500 and Nasdaq 100 indexes advanced at least 0.2% each after the underlying gauges capped the first three-day rally since May. Asian semiconductor shares rallied after Samsung Electronics Co reported ...

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Pound rallies as UK PM’s exit plan spells relief for traders

  Bloomberg The pound strengthened and UK stocks rise on reports that Prime Minister Boris Johnson is planning to resign. Investors said the news may spell some initial relief for UK assets, which have been battered by the country’s high inflation, weak economy and the political uncertainty. Sterling rises as much as 0.6% to $1.1994. The FTSE 250 Index, which ...

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UAE President, German Chancellor discuss ways to boost bilateral ties

  ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has received a phone call from Chancellor of Germany Olaf Scholz, dealing with bilateral relations and ways to enhance them as part of the strategic partnership between the two countries. President His Highness Sheikh Mohamed bin Zayed and the German Chancellor also tackled a number of ...

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