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US futures rise; traders on edge over war in Ukraine

  Bloomberg US stock-index futures advanced as investors eyed cheaper valuations even as they remained concerned about global growth amid a raging war in Ukraine and an impending rate-hike cycle at the Federal Reserve. Contracts on the S&P 500 and Nasdaq 100 indexes added 0.5% each, after swinging between gains and losses at least six times. Europe’s Stoxx 600 gauge ...

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European stocks set for first weekly gain since start of war

  Bloomberg European stocks headed for their first weekly gain since the start of the Ukraine war as investors mulled central bank policy decisions and the outlook for economic growth. The Stoxx 600 Index was up 0.9% in London after briefly falling as much as 0.2% as Russia’s invasion of Ukraine caused continued volatility. Travel and leisure and mining stocks ...

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FAB opens office in Iraq to expand its Mena footprint

  ABU DHABI / WAM First Abu Dhabi Bank (FAB) will be expanding its regional footprint with the opening of a representative office in Iraq, as part of its targeted international growth strategy to facilitate regional trade flows and continually strengthen its global client service model. The UAE is one of Iraq’s most important trading partners, with the value of ...

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