Recent News

Hamdan bin Mohamed bin Zayed attends DRIFTx exhibition, reviews preparations ahead of Abu Dhabi Autonomous Racing League

ABU DHABI/WAM H.H. Sheikh Hamdan bin Mohamed bin Zayed Al Nahyan has attended the inaugural edition of Abu Dhabi Mobility Week at Yas Marina Circuit. During the visit, Sheikh Hamdan toured the DRIFTx exhibition, which is showcasing the latest technology and solutions in the field of autonomous vehicles. His Highness visited a number of local and international company pavilions and ...

Read More »

Hamdan bin Zayed receives citizens at Al Sila’ City Majlis, visits citizen Saeed Saif Al Mansoori at his home

AL SILA/WAM H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region, received at Al Sila’ City Majlis a number of citizens to check on their wellbeing and the services provided to them. During the meeting, Sheikh Hamdan listened to the opinions and viewpoints of citizens regarding the services provided to them. He also inquired about their ...

Read More »

‘Just in case’ antibiotics widely overused during COVID-19, says WHO

GENEVA / WAM Antibiotics saw “extensive overuse” globally among hospitalised COVID-19 patients during the pandemic without improving clinical outcomes, while also potentially increasing the already serious and growing threat of antimicrobial resistance from “superbugs”, the UN World Health Organisation (WHO) said on Friday. In an alert, WHO noted that although just eight percent of hospitalised coronavirus patients also had bacterial infections which can ...

Read More »

Stocks

Nasdaq futures sink earnings from tech giants fell short of expectations

BLOOMBERG US equity futures slumped after earnings from tech giants fell short of Wall Street’s high expectations and as investors prepared for the first interest-rate decision of the year from the Federal Reserve. Contracts on the Nasdaq 100 slid 1.2%, while those on the S&P 500 retreated 0.5%. Microsoft Corp, Alphabet Inc and Advanced Micro Devices Inc dropped in premarket ...

Read More »

Stocks muted before major earnings test for Wall Street

BLOOMBERG European stocks and US futures kept to small ranges as investors looked forward to a rush of major earnings for insights on whether the record-breaking rally on Wall Street can continue. Europe’s Stoxx 600 crept to a new two-year high as media and travel and leisure stocks led gains. US equity futures were steady after another record close on ...

Read More »

Stocks make cautious start as investors look for rate updates

BLOOMBERG Markets opened the week on a cautious note as investors readied for central bank updates on the outlook for interest rates and braced for a deluge of earnings. Oil prices rose amid escalated tensions. Europe’s Stoxx 600 index held near the highest level since January 2022, supported by rallying energy shares. Futures contracts for the S&P 500 and the ...

Read More »

Beijing tightens securities lending rule to support stock market

BLOOMBERG China will halt the lending of certain shares for short selling from Monday, the securities regulator announced, in a move to support the country’s slumping stock markets. Strategic investors won’t be allowed to lend out shares during agreed lock-up periods, the Shanghai Stock Exchange and Shenzhen Stock Exchange said in separate releases following the China Securities Regulatory Commission’s statement. ...

Read More »

Global stocks stall after latest results subdue buoyant mood

BLOOMBERG Global stocks took a breather on Thursday after recent sharp gains as investors processed the latest earnings news and looked forward to a meeting of the European Central Bank (ECB) and economic growth data from the US. Europe’s Stoxx 600 index slipped and the blue-chip Euro Stoxx 50 traded flat after soaring to a 23-year high. Chipmaker STMicroelectronics NV ...

Read More »
Send this to a friend