Bloomberg American equity futures rise on Wednesday as more central-bank officials joined the chorus predicting that inflationary pressures are transitory, soothing new concerns raised by the latest US economic data. Contracts on the S&P 500 and Nasdaq 100 signalled stocks could move higher following a drop in US benchmarks overnight after home-sale and consumer confidence data suggested rising prices are ...

Bloomberg China’s stocks burst out of a tight trading range this week, and that may just be the start given the bullish signs for the market that have been forming under the hood. The country’s equity benchmark closed little changed with materials and financial shares being the best performers. The move came after the CSI 300 Index jumped 3.2%, the ...

ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc) on Tuesday announced the award of a $744 million (AED2.73 billion) contract for the full field development of the Belbazem Offshore Block, underscoring its drive to unlock and maximise value from all of Abu Dhabi’s fields as it expands its oil production capacity to 5 million barrels per day ...