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FBI-Clinton news gives global markets a boost on US poll eve

  London / AFP Global equities rebounded sharply on Monday, the eve of the US presidential election, after the FBI handed market favourite Hillary Clinton a major boost by ruling out criminal charges. Asian and European equities surged higher as traders breathed a sigh of relief as FBI chief James Comey said Democratic nominee Clinton would not face charges over ...

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Egypt stocks continue surge in response to currency devaluation

  CAIRO / Reuters Egypt’s stock market rose sharply for a third day on Monday in response to the devaluation of the Egyptian pound which has raised hopes for capital inflows, while higher oil prices boosted petrochemical shares in Saudi Arabia. The Egyptian blue chip index jumped 5.4 percent in its heaviest trade since March, bringing its gains to 15.6 ...

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Russia on board with deal to limit output: OPEC chief

  Bloomberg Russia, the world’s biggest energy producer, is “on board” with an OPEC agreement to limit crude oil production to help re-balance the market, according to OPEC Secretary General Mohammed Barkindo. OPEC producers remain committed to an agreement reached last month in Algiers to trim output, and cooperation from non-OPEC producers will help bring the oil market back into ...

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