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Stocks drop, bonds advance amid Fed, Ukraine concerns

  Bloomberg Equities in Europe declined on Monday and US futures reversed gains as the rout in technology stocks deepened amid concerns over the Federal Reserve’s imminent rate liftoff. Bonds gained. Tech stocks were among the largest decliners as the Stoxx Europe 600 index dropped almost 2%, on track for the biggest two-day slump since October. Tensions between Russia and ...

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Goldman shrugs off rate hikes to bet on emerging stocks

  Bloomberg Some of the world’s biggest funds are switching toward emerging-market equities in a bet their central banks have less need to raise interest rates after tightening before their developed-nation peers last year. Goldman Sachs Asset Management and BNP Paribas Asset Management are among those buying the shares on expectations the most attractive valuations in more than a decade ...

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Dubai seeks to capture 400 global economic events annually by 2025

  Dubai / WAM Dubai’s business events sector and broader economy are poised to benefit from another year of successful bidding activity led by Dubai Business Events (DBE), the city’s official convention bureau. Collaborating with stakeholders across the public and private sectors, DBE has captured 120 events for the year 2021 and beyond. These events, a combination of conferences, meetings ...

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