BLOOMBERG U.S. and European stocks rose, as oil advanced on a softer forecast for a surplus from the International Energy Agency, sending currencies of commodity-exporting nations higher. The S&P 500 rebounded from yesterday’s drop, while the Stoxx Europe 600 Index reversed a decline. Crude gained for a third straight day as the IEA said robust demand in India and …

  ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has increased by 0.13% to close at 4436.25 points. Accordingly the Market Capitalization has gained AED 0.92 billion attaining AED 721.81 billion. A total of 423.83 Million Shares were traded with a total value of AED 0.57 billion during the trading session of 12-05-2016 through 5051 transactions. The number of companies …

  Bloomberg Credit Agricole SA reported a 71 percent drop in first-quarter profit, hurt by a decline in consumer lending margins and trading revenue as the bank began a reorganisation to streamline its capital structure. Net income declined to €227 million ($259 million) from €784 million a year earlier, Credit Agricole, based near Paris, said in a statement on Thursday. …