Bloomberg Securities and Exchange Commission (SEC) Chair Gary Gensler has a warning for hundreds of Chinese companies that have raised billions of dollars in US markets: Submit to more scrutiny soon or get kicked out. In an interview, he pledged to strictly enforce a three-year deadline that requires Chinese firms to permit inspections of their financial audits. If businesses refuse, ...

ABU DHABI / WAM The value of foreign aid provided by the UAE from 2010 to 2021 totalled AED206.034 billion ($56.14 billion), further confirming its ongoing support of global efforts to achieve peace and prosperity and provide developmental, humanitarian and charitable aid to many developing countries. This data was published in a report by the Ministry of Foreign Affairs and ...

Bloomberg Oil prices gained for a second session, building on the biggest one-day gain in five months, amid glimmers of optimism among bulls that the Delta coronavirus variant’s hit to demand may be passing. Brent futures topped $70 a barrel, after falling below that level last week, when the market underwent its longest sell-off in years on concern about demand ...