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Global stock declines show signs of easing, dollar continues to fall

Bloomberg The global stock declines that have shaped the week showed signs of easing in the US, with all three major equity indices trading higher. The dollar slump deepened in the wake of President Donald Trump’s State of the Union address. The S&P 500 Index gained for the first time in three days as companies including Xerox Corp., Anthem Inc., ...

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Cement lifts Saudi, other markets fall

Reuters Cement shares lifted Saudi Arabia’s stock index on Wednesday while other big bourses in the region were weak, with real estate shares pulling down Dubai. The Saudi index rose 0.3 percent as 13 of the 14 cement stocks climbed in unusually heavy trade. Jouf Cement was up 5.4 percent and Tabuk Cement jumped its 10 percent daily limit. The ...

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Samsung pips Intel as it posts record profit, splits stocks

Bloomberg Samsung Electronics Co. is on a roll. The maker of smartphones, screens and consumer electronics reported record quarterly profit and disclosed numbers showing that it’s chip business pulls in more revenue than Intel Corp. The Suwon, South Korea-based company took the opportunity to unveil a 50-to-1 stock split, which sent its shares surging. The earnings report for the last ...

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