Reuters Major Gulf stock markets weakened on Wednesday, with amusement park operator DXB Entertainments (DXBE) continuing to drag down Dubai while banking shares lif- ted Egypt in the wake of Sunday’s interest rate hike. DXB Entertainments slid by 3.1 percent to 0.782 dirhams, its lowest level since early 2015. The stock has tumbled 40 percent this year on low attendance ...

Bloomberg Markets were largely in a holding pattern on Wednesday, with European stocks struggling to maintain gains and the dollar edging lower as investors awaited fresh insight on the path for borrowing costs in the world’s biggest economy. China’s credit-rating downgrade sank industrial metals. The Stoxx Europe 600 Index erased most of its advance as auto makers fell in the ...

VIENNA / Reuters OPEC and non-member oil producers could deepen output cuts or extend them for a year when they meet in Vienna this week as they seek to clear a global stocks overhang and prop up the price of crude, Kuwait said on Wednesday. The top oil producer in OPEC, Saudi Arabia, favours extending the output curbs by nine ...