Bloomberg Goldman Sachs Group Inc. has become a little more optimistic on earnings prospects for the S&P 500 Index this year but stressed that management commentary from companies is going to be important to gauging the outlook. Goldman’s baseline forecast for S&P 500 earnings per share in 2020 is $115, up from a prior estimate of $110. The firm maintained …

Bloomberg Saudi Oil Minister Prince Abdulaziz bin Salman likes the idea of Opec+ acting as the central bank of oil. And he expresses admiration for Alan Greenspan, former chairman of US Federal Reserve. The challenge now confronting the oil producers’ club is one that’s all too familiar to the Fed: how to avoid a “taper tantrum,” the market panic that …

HODEIDAH / WAM The UAE, through its humanitarian arm, the Emirates Red Crescent (ERC) continues relief efforts in Yemen, by distributing food aid to the people of Khokha in the Hodeidah governorate. The ERC team distributed 300 food baskets to 2,100 displaced families in the Khokha district. Fathia Al Ma’amari, Director of the Human Rights Office in Hodeidah, expressed her …