Financial Institutions S&P cuts European Union credit rating amid Brexit vote Yomna Yasser Jul 2, 2016 0 Ratings agency Standard and Poor's has cut its credit grade on Thursday for the European Union after the UK's vote…
World Wall St. ends higher for fourth straight day Noha Gad Jul 2, 2016 0 The major U.S. stock indexes rose modestly on Friday, for a fourth straight day of gains, helped by encouraging…
forex news Oil falls towards $50 on higher supply outlook, economic worries Noha Gad Jun 30, 2016 0 Oil fell towards $50 a barrel on Thursday, pressured by higher Nigerian output and concern about the economic…
USA Dow closes up more than 250 points, recovers more than half of Brexit losses Yomna Yasser Jun 30, 2016 0 U.S. stocks have ended more than 1.5 percent higher Wednesday, helped by gains in oil prices, as global markets…
forex news Dollar inches down, sterling steadies after traumatic month Yomna Yasser Jun 30, 2016 0 The dollar has taken a breather in Asia on Thursday but remained near a 3-1/2-month high against a basket of…
World Asian markets close mixed, as post-Brexit recovery loses momentum Yomna Yasser Jun 30, 2016 0 Asia markets lost some momentum on Thursday although global markets recovered from their post-Brexit plunge.…
World Europe stocks fall back into the red as post-Brexit rally cools, oil slips Yomna Yasser Jun 30, 2016 0 European stocks fell back into negative territory on Thursday, as a rebound seen in U.K. stocks following the…
Arab Gulf bourses edge up on positive global trend Yomna Yasser Jun 30, 2016 0 Gulf stock markets pushed up early on Thursday in line with a positive global trend for equities and oil prices,…
World European stocks climb again as risk appetite returns after Brexit vote Yomna Yasser Jun 29, 2016 0 European stocks rose Wednesday, as investors picked up equities beaten down after last week’s vote in the U.K. to…
International News Merkel says Britain can’t press undo button as Cameron regrets loss aya salah Jun 29, 2016 0 European Union leaders said there could be no turning back for the U.K. after Prime Minister David Cameron used his…