Bloomberg US equity futures pared gains on Tuesday and a rebound in European stocks proved short-lived, suggesting markets aren’t out of the woods after a rout driven by expectations of sharper Federal Reserve interest-rate hikes to fight inflation. S&P 500 contracts came off session highs to trade around 0.5%, signalling some relief after the plunge that erased $1.3 trillion ...

  Bloomberg Indian central bank’s verbal pledge to support a record government-borrowing program hasn’t been backed by actions so far and that may lead to a deeper selloff in the bond market, according to a top fund manager. The RBI “has just started doing a little bit of open-mouth operations in the sense they want the yield curve to behave ...

  Dubai / WAM Germany and the UAE as strong economic partners will continue “the old-fashioned trade,” but they have an opportunity to make joint investments in new technologies and businesses of the “new economy” that will help achieve their net-zero targets, a top German diplomat told the Emirates News Agency (WAM). “We have very good economic relations. But there’s ...