ABU DHABI / WAM The UAE has strongly condemned the cowardly attack that targeted a …
Read More »Masonry Layout
Oil climbs near $62 with traders predicting rally may go further
Bloomberg Oil rose near $62 a barrel with investment banks and traders predicting the market’s …
Read More »Reliance to spin off oil-to-chemicals with $25b loan
Bloomberg Reliance Industries Ltd has started carving out its new oil-to-chemicals operation into an independent …
Read More »China’s overseas energy lending tumbles
Bloomberg China’s overseas energy financing dropped to the lowest level since 2008 after the pandemic …
Read More »Europe stocks fall with futures as tech weighs
Bloomberg European stocks dropped with US equity futures on Tuesday as the jump in bond …
Read More »BlackRock turning bearish on credit, government bonds
Bloomberg BlackRock Inc. said it’s turned bearish on credit and government bonds, downgrading the two …
Read More »UAE, Qatar meet to follow up on Al-Ula declaration
KUWAIT / WAM Official delegations representing the United Arab Emirates and the State of Qatar …
Read More »Bahrain-based Investcorp acquires KSM Consulting
BAHRAIN / WAM Investcorp, a Bahrain-based asset manager that counts Mubadala Investment Company as its …
Read More »Bond yields surge, stocks dip as metals push higher
Bloomberg The bond selloff continued on Monday as Treasury yields climbed and sovereign debt in …
Read More »Sasol calls off $2b share sale, profit more than triples
Bloomberg Sasol Ltd., the South African chemicals and fuel maker, called off a potential $2 …
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