Bloomberg Chinese technology shares climbed on Monday after recording their best weekly advance since January as bargain hunters continued to load up on the beaten-down sector. The Hang Seng Tech Index rallied 1.1%, led by live streaming giant Kuaishou Technology and Alibaba Health Information Technology Ltd. Food delivery company Meituan erased earlier losses and rise 1.5% ahead of its results, ...

Bloomberg Stocks in Europe and US futures were steady on Monday, bolstered by Jerome Powell’s signal that pandemic-era Federal Reserve policy support will be withdrawn cautiously and gradually. Contracts on the S&P 500 were little changed and those on Nasdaq 100 edged higher after a record Wall Street close in the wake of Chair Powell’s Jackson Hole speech, while the ...

ABU DHABI / WAM The National Central Cooling Company PJSC (Tabreed) has announced the acquisition of an additional 50 percent stake in the exclusive 80,000 refrigeration ton district cooling scheme supplying Al Maryah Island in Abu Dhabi, including its major entertainment, hospitality, retail, commercial and residential developments. The acquisition is from joint venture partner, Mubadala Infrastructure Partners (MIP), bringing Tabreed’s ...