Bloomberg Private equity firms are refusing to be left out of the initial public offering boom. With technology IPOs sometimes doubling on day one, buyout shops are hoping to capture some of the buzz for their slower growth and higher leverage assets. Two private equity-backed companies went public on US exchanges this week, with two more filings on Friday for …

Bloomberg Oil slid by the most in three weeks as a stronger dollar and weak US economic data stoked concerns over an economic rebound. Futures in New York tumbled 2.3% after a rally in oil earlier in the week pushed the benchmark into overbought territory. The US dollar strengthened, reducing the appeal of commodities priced in the currency. US consumer …

ABU DHABI / WAM The UAE has strongly denounced the Iranian-backed Houthi terrorist militia’s attempts to target Saudi Arabia with three explosive-laden drones, which were intercepted by Coalition forces. In a statement on Saturday, the Ministry of Foreign Affairs and International Cooperation (MoFAIC) renewed its full solidarity with Saudi Arabia against these cowardly terrorist acts and the UAE’s full stand …