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Bloomberg Bonds of UK retailers extended declines as the industry’s crisis deepens in the run-up …
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Saudi Arabia boosts spending in 2019 budget to SAR1.106 trillion
RIYADH / WAM The Saudi Council of Ministers, chaired by the Custodian of the Two …
Read More »Adnoc, Cepsa award Spanish firm key contract in Ruwais
ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc) and its project partner …
Read More »Mubadala, Dubal, EGA to sign AED1bn JV deal
ABU DHABI / WAM Emirates Global Aluminium (EGA), Mubadala and Dubal Holding will sign an …
Read More »China inks raft of energy deals as Xi signals openness for business
Bloomberg China signalled its openness for business with a raft of deals that’ll give oil …
Read More »SSE pulls plug on merger with Innogy
Bloomberg SSE Plc and Innogy SE terminated plans to create the UK’s second-biggest utility, the …
Read More »S&P 500 Index climbs from 14-month low as Fed looms
Bloomberg The S&P 500 Index climbed from a 14-month low as investor nerves seemed to …
Read More »Traders see no-deal Brexit to sink pound
Bloomberg For foreign-exchange traders, a no-deal Brexit is bound to sink the pound no matter …
Read More »ECB’s $204bn corporate bond buying upends credit markets
Bloomberg The European Central Bank’s purchase of almost 180 billion euros ($204 billion) of corporate …
Read More »Banks test Frankfurt rate swaps move
Bloomberg Deutsche Bank AG and 16 other lenders recently tested moving interest-rate swap positions from …
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