Bloomberg Oil dropped alongside other financial assets and commodities as crude’s sizzling rally ran out of steam after hitting a seven-year high. Futures in New York slumped more than 3%, before paring losses to trade near $84 a barrel, following a decline in stocks and raw materials including copper. Crude has posted a gain of more than 10% so ...

  Bloomberg India is inching towards a major milestone: opening its $1 trillion government bond market to more international investors, one of the most ambitious attempts to attract foreign inflows since the country liberalised its economy three decades ago. Policy makers have spent months preparing to join global indexes, key benchmarks that increasingly determine how large asset managers allocate their ...

  ABU DHABI / WAM The UAE and Turkey are expected to sign new agreements and “renew previous commitments” during the expected visit of the Turkish President, Recep Tayyip Erdogan, to the UAE in February, a senior Turkish official said. “Our president’s visit to the UAE is currently confirmed and the preparations are ongoing. This is going to be a ...