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Facebook data on 533m users reemerges online for free

Bloomberg The personal data of more than half a billion Facebook Inc users reemerged online for free, a reminder of the company’s ability to collect mountains of information and its struggles to protect these sensitive assets. The leak includes personal information on 533 million Facebook users, such as phone numbers, Facebook IDs, full names, locations, birth dates, bios and in ...

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US stock futures advance; pound at two-week high

Bloomberg US futures edged higher while most Asian stocks climbed as investors digested the unexpectedly strong jobs report. Bonds steadied from earlier losses. S&P 500 futures rise 0.1%, adding to last week’s gains when payrolls data showed US employers added the most jobs in seven months. Treasuries pulled back from a selloff last week, with the benchmark 10-year yield steadying ...

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A century of data show markets far from impervious to tax hikes

Bloomberg The prospect of tax hikes may not have derailed gains in US stocks yet, but 100 years of data say the market is far from impervious to them. Stocks can take a hit when rates rise on corporations and individuals, according to Julian Emanuel, chief equity and derivatives strategist at BTIG LLC. He sees 13 such instances, most recently ...

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New head of GPIF board says fund isn’t distorting Japan’s stocks

Bloomberg Japan’s Government Pension Investment Fund (GPIF), the world’s largest pension pot, considers the impact of its investments on markets and isn’t distorting the country’s stocks, said Hirohide Yamaguchi, the newly appointed chairman of the fund’s board of governors. Yamaguchi, a former deputy governor of the Bank of Japan (BOJ), said also that it was important to look at the ...

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Saudi hikes oil prices for Asia market in sign of confidence

Bloomberg Saudi Arabia raised prices for oil shipments to customers in its main market of Asia, signaling the kingdom’s confidence in the region’s economic recovery. The decision comes after the Opec+ cartel, led by the Saudis and Russia, agreed to boost daily crude production by more than 2 million barrels between May and July. Aramco, the Saudi state energy firm, ...

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UAE, Cuba keen to boost parliamentary relations

DUBAI / WAM Dr Tariq Humaid Al Tayer, Head of the Emirati-Latin American and North American Parliaments Friendship Committee of the Federal National Council (FNC), has met with Roberto Blanco Dominguez, Ambassador of Cuba to the UAE, at FNC headquarters in Dubai. Afra Al-Basti, Assistant Secretary-General for Parliamentary Liaison in the Council, attended the meeting. During the session, both sides ...

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Abu Dhabi committed to clean forms of energy: DoE

ABU DHABI / WAM Abu Dhabi’s energy sector is committed to supporting the global climate change agenda and the transformation to clean and renewable energy systems, said Awaidha Murshed Al Marar, Chairman of Abu Dhabi’s Department of Energy (DoE). Al Marar was speaking ahead of the first Regional Summit on Climate, which is being held in Abu Dhabi on April ...

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RAK Chamber, Kosovo discuss economic ties

RAS AL KHAIMAH / WAM The Ras Al Khaimah Chamber of Commerce and Industry discussed, with the Republic of Kosovo, ways of strengthening their economic cooperation, encouraging mutual investments and taking advantage of available opportunities in various economic sectors in both countries. The discussion took place during a meeting between Mohamed Ali Musabbeh Al Nuaimi, Chairman of the Chamber, and ...

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Dubai Economy, Amazon tie up to support startups in digital economy

DUBAI / WAM The Business Registration and Licensing (BRL) sector in Dubai Economy and Amazon have launched a new programme to support DED Trader licence holders by providing interactive e-Learning content to help them thrive in the digital economy. The new programme is part of the cooperation between Dubai Economy and Amazon to support DED Trader licence holders interested in ...

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