DUBAI / Reuters First quarter results from major companies drove trading on Saudi Arabia’s stock exchange on Wednesday, with the Riyadh index edging 0.2 percent higher, while Qatar’s bourse outperformed as investors bought shares on recent price dips. Majority state-owned Saudi Electricity (SEC) rose 2.2 percent in trading that exceeded its one-month average daily volume after the company swung ...

  Bloomberg US stock futures slipped and the dollar’s rally faltered after Donald Trump fired FBI Director James Comey. Oil climbed following an industry report that showed American stockpiles declining for a fifth week. The greenback headed for the first drop in three days in the wake of Trump’s move, and after Federal Reserve Bank of Dallas President Robert Kaplan ...

  Bloomberg Indian discount airline IndiGo placed an outline order for 50 turboprop planes worth $1.3 billion at list prices as the subcontinent’s biggest carrier expands into regional flights connecting smaller population centers. IndiGo has signed a term sheet to acquire the ATR 72-600 aircraft, with the first planes due to enter operation by the end of this year, the ...