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India’s benchmark yield jumps to two-year high

  Bloomberg India’s benchmark yield jumped to the highest in two years as demand for bonds at recent auctions dwindled amid concern over the central bank’s consistent sales of the nation’s debt in the secondary market. The 10-year bond yield rises five basis points to 6.59%, highest since January 2020. That’s after underwriters stepped in to buy nearly 44 billion ...

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Oil rides into 2022 on bullish wave as demand fears fade

  Bloomberg Oil has started off 2022 with a bang. A market that was supposed to suffer a ballooning surplus instead surpassed $80 a barrel last week as global demand shrugs off the Omicron variant, while a host of supply constraints hit producers from Canada to Russia. With investment banks calling for higher prices, and options contracts invoking the prospect ...

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‘Extreme Weekends’ begin at Sheikh Zayed Festival

  ABU DHABI / WAM “Extreme Weekends”, a series of astonishing live motorcycle shows taking place at the Sheikh Zayed Festival in Al Wathba, has begun with thrilling shows on its first weekend, and will continue until January 30. On day one of the event, four world-renowned bikers performed mind-boggling stunts on a special track set near the Emirates Fountain, ...

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