ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has decreased by -0.58% to close at 4682.01 points. Accordingly the Market Capitalization has lost AED 4.4 billion attaining AED 759.48 billion. A total of 387.88 Million Shares were traded with a total value of 0.64 Billion AED during the trading session of 26-04-2016 through 5762 transactions. The number of companies ...

  Prague / Reuters Czech lender GE Money Bank set the pricing range for its initial public share offer, potentially Prague’s biggest in eight years despite the valuation falling below some expectations, and said it would change its name to MONETA Money Bank. GE Money, which is being sold by GE as the US group moves away from financial activities, ...

  Hong Kong / AFP Standard Chartered has announced on Tuesday first quarter profits slumped 64 percent year-on-year as revenue for the period also plunged, following a turbulent 2015 in which the troubled bank announced it would axe thousands of jobs. The Asia-focussed bank said profits for the first three months fell to $539 million from $1.49 billion in the same ...