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Stocks, futures advance as earnings buoy sentiment

Bloomberg European stocks climbed on Monday along with US index futures as positive corporate earnings and economic data offset lingering concerns over China’s regulatory crackdown and the spread of the delta virus variant. Carmakers and retailers led the advance in the Stoxx Europe 600 index. Earnings beats from the likes of HSBC Holdings Plc, Axa SA and Heineken NV buoyed ...

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European stocks reach fresh record on earnings updates

Bloomberg European equities kicked off August with a bang, rising to a new record on earnings updates and easing concern about China’s regulatory crackdown. The Stoxx Europe 600 Index was up 0.6% in London, with cyclicals such as automakers and miners leading a broad advance. Banks also outperformed as HSBC Holdings Plc posted results that beat estimates. Meggitt Plc surged ...

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Abu Dhabi’s G20 signs strategic pact with US-based PharmXGen

ABU DHABI / emirates Business The Emirati company “G20” signed a strategic partnership agreement with the American company PharmXGen, so that “G20” will be the exclusive agent to supply and distribute in the Middle East and North Africa the newest Rapid Antigen tests in the world. The agreement was signed by His Excellency Dr Mubarak Hamad Marzouq Al Ameri, Chairman ...

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