Bloomberg Equity investors in Asia are actively screening hospitalisation rates and watching predictions on virus peaks, as several countries in the region struggle with a fresh jump in cases. The pandemic’s resurgence has already worsened Asian stocks’ underperformance against their global peers this year. With efforts by countries to reopen their economies taking a hit, the severity of restrictions, the ...

Bloomberg Stocks fall with US futures on Wednesday as concerns about faster inflation and Covid-19 flare-ups in some nations rattled investors. Oil dropped for a second day. The Stoxx Europe 600 Index fell the most in a week, with commodity and leisure shares leading the drop. Contracts on all three US benchmarks were lower, led by those on the Nasdaq ...

ABU DHABI / Emirates Business Abu Dhabi Ship Building (ADSB), the regional leader in the new build, repair, maintenance, refit and conversion of naval and commercial vessels, was awarded on Tuesday an AED3.5 billion contract by the Ministry of Defense (MOD) and UAE Navy, to build Falaj 3-class Offshore Patrol Vessels (OPVs). The new contract is the largest-ever order received ...