Stocks close lower after mixed earnings results; consumer stocks fall 1%
U.S. stocks closed lower on Tuesday as one of the busiest days of the earnings season got under way, while oil…
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Egypt’s Dollar crisis behind the 34% fall in profits: Juhayna’s Thabet
Egypt's dollar crisis is the reason behind Juhayna Food Industries SAE's decline in net profits, its chairman told…
Egypt garment maker Arafa Holding Q2 profits fall 21.8%
Egyptian garment maker and exporter Al Arafa for Investments and Consultancies (AIVC.CA)reported a 21.8 percent…
Dollar rallies, U.S. stocks fall as Fed shakes ‘complacent’ markets
U.S. stocks closed lower in choppy trading and the U.S. dollar surged on Friday as investors grappled with the…
Oil falls as August price rally seen overblown, China fuel exports jump
Oil prices fell on Monday as analysts doubted upcoming producer talks would rein in oversupply, saying that Brent…
Mortgage dues in UK at lowest level since records began 20 years ago
The number of mortgages in arrears in the UK continued to fall in the second quarter of this year and is now at its…
Dollar, yields fall after tepid U.S. economic data
Soft U.S. economic data weighed on the dollar and Treasury yields on Friday and pressured stock prices, but Wall…
Shell misses expectations with 70 percent earnings plunge
Royal Dutch Shell (RDSa.L) reported a more than 70 percent fall in quarterly profit on Thursday, well below analyst…
European shares open slightly lower, Commerzbank slips
European shares were slightly lower in early trading on Tuesday with Commerzbank among the leading fallers after…
Saudi minister hopes slower global growth won’t hit oil demand
Saudi Arabia hopes that slower global growth will not trigger a fall in the current healthy demand for oil, Energy…
