European stocks close lower amid escalating trade tensions
European equities closed lower Friday, as an escalating trade standoff between the world's biggest economies…
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Bitcoin drifts slightly lower after briefly topping $12,000
Bitcoin drifted slightly lower after surging in the last session to briefly top $12,000. Still, the cryptocurrency…
Egypt to start lowering tariffs on EU cars in January 2018
Egypt will lower tariffs next January 2018 on cars imported from EU countries, Al-Ahram Arabic news website…
Asian shares mixed as greenback, US Treasury yields rise on Fed
Major indexes in Asia were mostly lower on Thursday after the dollar and U.S. Treasury yields spiked following big…
European markets to open lower as faith in the Trump agenda slides
European markets were set to open lower on Monday morning as investors remained unconvinced about President…
European markets set to open lower; Vestas and Kingfisher report earnings
Markets in Europe are forecast to open lower Thursday as uncertainty surrounding internal U.S. policy continues…
European markets set to open lower; investors eye Fed decision, UK GDP, earnings
Markets in Europe are expected to start the day marginally lower as investors wait to hear from the U.S. Federal…
European markets to open lower on US political turmoil
European markets are expected to open lower Thursday as mounting political uncertainty in the U.S. exacerbated…
Samsung chief denies all charges as trial of century begins
The head of South Korea's Samsung Group, Jay Y. Lee, denies all charges against him, his lawyer said on Thursday,…
Egypt to shrink spending to limit budget deficit
The Egyptian government announced on Thursday its decision to cut down spending by 15 to 20 per cent to limit the…
NBE lowers foreign exchange cash limit for travelling customers
The National Bank of Egypt (NBE) decided to reduce the foreign exchange cash limit provided to travelling…
Egypt appeals reversed ruling ceding islands to Saudi Arabia
An Egyptian court on Saturday held its first hearing on a government appeal against a lower court ruling in June…
Doctors Syndicate calls for lowering subsidised milk price to EGP5
The Doctors Syndicate called for a set of decisions to be enforced in order to resolve the shortage of baby…
Oil up 3 percent as U.S. jobs data hits dollar; tumbles on week
Oil settled up nearly 3 percent on Friday after a weak U.S. jobs report hurt the dollar and boosted commodities,…
Asia shares slip, crude steadies; U.S. jobs in focus
Asian shares dipped on Thursday after lower crude oil prices dented Wall Street and a pair of Chinese manufacturing…
Wall Street slips in wake of comments by top Fed officials
U.S. stocks ended modestly lower after a volatile session on Friday, having bounced between gains and losses as…
Wall Street lower as nerves rise ahead of Yellen speech
Wall Street was lower on Thursday morning as investors nervously awaited Federal Reserve Chair Janet Yellen's take…
Vacsera new $45mn-plant to lower cancer drugs price to 500 Egyptian pounds
The new cancer drug plant of Egypt's Holding Company for Biological Products and Vaccines, VACSERA is set to lower…
New Indian central bank head’s arduous task: getting banks to lower rates
One of the biggest challenges for India's incoming central bank chief is a problem he and his predecessor have long…
Wall St. dips as investors assess rate outlook
U.S. stocks edged lower on Friday, led by declines in utility shares as investors weighed prospects for an interest…
Egypt for Poultry shrinks losses to $80K in Q1
Egypt for Poultry (EPCO.CA) reported lower losses in the second quarter of the year, according to a bourse filing.…
Asian shares retreat, Australia central bank cuts rate to all-time low
Asian shares slipped on Tuesday, taking their cues from a modestly lower day on Wall Street, while crude oil prices…
Volkswagen brand profit falls on scandal effects, lower sales
Volkswagen's (VOWG_p.DE) core autos division posted lower profitability in the second quarter as costs for its…
Comcast profit drops on film sales, beats Wall Street estimates
Comcast Corp reported a 5 percent drop in quarterly profit on Wednesday, hurt by lower film division sales, but…
European shares open slightly lower, Commerzbank slips
European shares were slightly lower in early trading on Tuesday with Commerzbank among the leading fallers after…
Oil edges up, but demand concerns weigh
Oil climbed slightly on Monday after shedding nearly 2 percent the same day, as signs emerged that U.S. shale…
Oil falls on economic woes; drillers adjust to lower prices
Oil fell on Monday over signs that U.S. shale drillers have adapted to lower prices and on renewed indications of…
Oil prices rebound in post-Brexit bargain hunting
Oil prices rose above $48 a barrel on Tuesday as investors took advantage of a two-day slide in crude following…
Britain’s FTSE falters after Brexit vote sparks uncertainty
UK shares opened lower on Monday, extending losses from the previous session after Britain’s vote to leave the…
Rising prices diminish prospects of economic revival in Egypt
Egypt's efforts to relieve a crippling dollar shortage are pushing it towards a sickly combination of rising…
Wall St. ends week on down note as Apple weighs
Wall Street ended lower on Friday as Apple dragged down major indexes and investors girded for Britain's vote next…
Asia stocks down, yen surges after BOJ refrains from offering more stimulus
Asian stocks turned lower on Thursday and the yen surged after the Bank of Japan refrained from taking further…
Wall Street eyes Fed, Brexit as bond yields sink
U.S. stock index futures indicated a lower open Tuesday, amid a wider "risk-off" move in global markets that saw…
Stock index futures point to lower open
U.S. stock index futures were lower in early trading, indicating Wall Street may open with losses on Monday, the…
Japan stocks lead Asia lower, kiwi flies as central bank stands pat
Asian stocks turned lower on Thursday, led by sliding Japanese equities, while a weaker dollar buoyed commodities…
Trade ministry eyes 8% industrial growth in Egypt until 2020
Egyptian trade and industry ministry targets achieving industrial growth rate of 8 percent beside lowering state's…
Asia stocks weaker after soft U.S. jobs, China trade data
Asian stocks were mostly lower on Monday after a disappointing U.S. jobs report and worse-than-expected trade…
Asia markets mostly lower; yen strengthens against the dollar
Asia markets were mostly lower on the final trading day of the week, as investors digested major central banks'…
Asia stocks slip with central banks in focus, oil holds gains
Asian stocks were mostly lower on Wednesday, as investors stayed cautious ahead of U.S. and Japanese central bank…
Crude prices fall from 2016 highs as U.S. oil rig count rises
Crude prices settled lower on Friday after the U.S oil rig count rose for the first time since December, renewing…