Bloomberg Monday’s Asia trading session took on a decisively risk-off tone: US stock index futures fell, Treasuries gained and risk-sensitive currencies slid as investors fretted over fresh lockdowns to slow the new variant. Senator Joe Manchin’s rejection of the US spending package at the heart of President Joe Biden’s economic agenda heaped fresh fuel to the fire with market ...

  Bloomberg India’s benchmark index was poised to enter a correction as concerns about risks from the rapid spread of the omicron coronavirus variant prompted selling of equities ahead of year-end holidays. Reliance Industries Ltd. was the biggest drag on the S&P BSE Sensex, which retreated 2.8% to 55,423.99 as of 1:24 pm in Mumbai, headed for its biggest two-day ...

  Dubai / WAM The Islamic Affairs and Charitable Activities Department in Dubai (IACAD) has revealed that the value of social responsibility initiatives implemented by various sectors in the emirate surpassed AED3 billion in 2020, touching the lives of more than 98 million people. The results were announced in an annual report issued by the department’s charitable work sector, which ...