Bloomberg Indian stocks began the week on the front foot after early indicators of economic growth pointed to a recovery and the progress of the rainy season fuelled expectations of healthy demand in nation’s rural areas. The S&P BSE Sensex climbed 1% to 36,388.5 as of 9:58 am in Mumbai, set for the highest level since March 6. The NSE …

Bloomberg The world economy is entering the second half of 2020 still deeply weighed down by the coronavirus pandemic with a full recovery now ruled-out for this year and even a 2021 comeback dependent on a lot going right. It’s a scenario few if any predicted at the start of the year when most economists were banking on another year …

Abu Dhabi / WAM Abu Dhabi National Energy Company (Taqa) announced on Sunday that international credit rating agencies Moody’s Investors Service and Fitch Ratings upgraded its final issuer ratings by three notches to Aa3 from A3 and by two notches to AA- from A, respectively. The ratings represent fourth highest investment grade rating on each of agencies’ rating scales and …