Bloomberg Stocks and US index futures declined as investors reassessed valuations in the wake of a spike in Treasury yields. Oil headed for multiyear highs amid a global supply crunch. Contracts on the Nasdaq 100 Index plunged 1.4%, signaling the technology-heavy gauge may extend the losses. S&P 500 futures fall 0.8%. The five-year Treasury yield rises above 1.03% and the ...

ABU DHABI / WAM Dr Matar Hamed Al Niyadi, UAE Ambassador to Kuwait, has said that Expo 2020 Dubai sends a message of peace and tolerance from the UAE to the entire world, as it will gather participants and visitors from around the world for six months in a display of innovation and social and cultural development. In an interview ...

ABU DHBAI / WAM Abu Dhabi National Oil Company (Adnoc) on Monday announced the successful completion of the bookbuild and public subscription process for the Initial Public Offering (IPO) of Adnoc Drilling Company PJSC. It confirmed the previously announced increased offering size from 1,200,000,000 ordinary shares to 1,760,000,000 ordinary shares (Offer Shares), equivalent to 11 percent of total issued share ...