stock market
Ads fuel Facebook profit growth
Technology
July 28, 2017
Ads fuel Facebook profit growth
Facebook’s profits increased by 71 percent for the second quarter of 2017 compared to the same period last year, it…
Euro hits 6-month high, Asia shares firm after French vote relief
Business
May 8, 2017
Euro hits 6-month high, Asia shares firm after French vote relief
The euro hit a six-month high against the dollar on Monday while Asian shares gained and U.S. stock futures briefly…
Saudi Arabia restores perks to state employees, boosting markets
Business
April 24, 2017
Saudi Arabia restores perks to state employees, boosting markets
Saudi Arabia reinstated financial allowances for civil servants and military personnel on Saturday after better-than-expected budget figures, ending unpopular cuts…
Wall Street opens lower amid geopolitical jitters
Business
April 11, 2017
Wall Street opens lower amid geopolitical jitters
US stocks edged lower on Tuesday as rising geopolitical tensions in the Middle East and the Korean peninsula pushed investors…
Nordstrom, other retailer get ‘stock bonus’ for canceling Ivanka line
Business
February 11, 2017
Nordstrom, other retailer get ‘stock bonus’ for canceling Ivanka line
There are many reasons for dismay at U.S. President Donald Trump's latest Twitter tantrum against a private capitalistic enterprise. Nordstrom,…
Weak exports may crimp US fourth-quarter economic growth
Business
January 27, 2017
Weak exports may crimp US fourth-quarter economic growth
US economic growth likely slowed in the fourth quarter as a plunge in shipments of soybeans weighed on exports, but…
Saudi equity investors cheer mega bond debut, SEC jumps on Q3 profit
Business
October 20, 2016
Saudi equity investors cheer mega bond debut, SEC jumps on Q3 profit
Saudi Arabia's stock market rose in early trade on Thursday as the banking sector rallied following the kingdom's mammoth international…
Egypt surges on hope of good news on IMF loan
Business
October 3, 2016
Egypt surges on hope of good news on IMF loan
Egypt's stock market rose sharply in early trade on Monday on hopes that an international financing package for the country…
Qatar pulls back ahead of FTSE inclusion, UAE outperforms peers
Business
September 19, 2016
Qatar pulls back ahead of FTSE inclusion, UAE outperforms peers
Stock markets in the Gulf diverged in early trade on Monday, with Qatar's index pulling back ahead of the inclusion…
Apple’s stock suffers worst week since 2013
Business
April 30, 2016
Apple’s stock suffers worst week since 2013
Apple Inc on Friday ended its worst week on the stock market since 2013 as worries festered about a slowdown…