Egypt’s non-oil business activity falls to 40-month low as costs rise
Business activity in Egypt shrank in November, with the deterioration picking up pace for the fourth consecutive…
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Dollar index hits eight-month high, euro weakens
The dollar increased to its highest level since early February against a basket of currencies on Friday, boosted by…
Egypt’s non-oil business activity slowdown stretches to one year -PMI
Business activity in Egypt shrank for the 12th consecutive month in September, with output declining the most in…
Dollar weaker against yen as U.S. data quash rate hike bets
The dollar fell to its lowest in more than a week against the yen on Wednesday as subdued U.S. data made an…
Asia shares rally as U.S. job report seen dimming chance of Sept rate hike
Asian shares rallied on Monday after last week's weaker-than-expected U.S. jobs report prompted investors to trim…
Euro zone producer prices rise more than expected in June
Euro zone producer prices rose by more than expected in June for a second consecutive month, driven by soaring…
Russia escapes IOC blanket ban for Rio Olympics
The International Olympic Committee (IOC) has rejected clarion calls for Russia to be banned from next month's Rio…
Citibank to close Venezuela government accounts
Venezuela's President Nicolas Maduro said on Monday that Citibank NA C.UL, planned to shut his government's foreign…
Pakistan floods kill 28, including worshippers at mosque
Flash floods triggered by heavy rain have killed at least 28 people in northern Pakistan, officials said on Sunday,…
Annual inflation in Egypt eases to 9.2% for 3rd month in row
Egypt’s annual headline inflation eased for the third consecutive month to 9.2 percent in March 2016 from 9.5…
