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Bloomberg Abu Dhabi Financial Group (ADFG) agreed to a reverse merger with Shuaa Capital PSC …
Read More »ADFG-Shuaa merger to create AED2.8bn entity
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Investment Corporation of Dubai revenues hit $63b
DUBAI / WAM The Investment Corporation of Dubai (ICD) announced its consolidated financial results for …
Read More »Oil jumps to 4-week high as US stockpiles drop
Bloomberg Oil rose to a four-week high after an industry report signalled a bigger-than-forecast drop …
Read More »UAE, Mexico explore ways to boost ties
MEXICO CITY / WAM UAE Ambassador to Mexico Ahmed Hatem Al Menhali met with Mexican …
Read More »Trump warns of ‘Plan B’ on China trade with billions more in tariffs
Bloomberg US President Donald Trump said substantial additional US tariffs would be placed on goods …
Read More »Tech stocks rise on earnings; Treasuries fall, dollar rises
Bloomberg Technology shares gained on strong earnings from a leading chipmaker, while Treasuries fell with …
Read More »Bitcoin surge pushes weekly gain to 30%
Bloomberg Bitcoin’s furious run is starting to look more and more like it did at …
Read More »Three Chinese banks hit by US probe into North Korea links
Bloomberg Three big Chinese banks extended their drop on Wednesday, after a US media report …
Read More »Czechs hold rates as risks abroad eclipse local inflation spike
Bloomberg The Czech central bank took a step back from Europe’s most aggressive campaign of …
Read More »HDFC picks Morgan Stanley, BofA for shadow bank IPO
Bloomberg HDFC Bank Ltd., India’s biggest lender by market value, has picked Bank of America …
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