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European shares gain on busy earnings day, trimming monthly drop

  Bloomberg European stocks advanced for a second day, trimming their monthly decline, as investors monitored a busy earnings day to gauge the companies’ ability to overcome inflationary and policy risks. The Stoxx Europe 600 Index was 1.3% higher by 9:39 am in London, with autos and technology sectors outperforming. Banks also rise as Standard Chartered Plc shares surged after ...

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Sheikh Abdullah, John Kerry discuss climate change, Ukraine

Abu Dhabi / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, has discussed with John Kerry, the US Special Presidential Envoy for Climate, joint cooperation in the climate action and ways to enhance collective international action in facing the repercussions and challenges of climate change. In a phone call, the two officials ...

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Rakbank’s net profit jumps by 93% in Q1

Ras Al Khaimah / Gulf Time The National Bank of Ras Al-Khaimah (Rakbank) announced a consolidated net profit of AED220.1 million for Q1 2022, an increase of 93.1% compared to the first quarter of 2021. Total Income of AED726.9 million, decreased by 8.3% compared to the fourth quarter of 2021. As at March 31, total assets stood at AED 58.6 ...

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