DUBAI / Reuters Shares of Egypt’s EFG Hermes and Talaat Mostafa diverged sharply on Tuesday on news that MSCI will swap the shares in its main Egyptian index, while Gulf equity markets were firm with the Brent oil price at $52 a barrel. Overnight, MSCI said it would include investment bank EFG Hermes in its MSCI Egypt Index but remove …

Bloomberg The dollar weakened for a fifth day as traders digested disappointing US housing data against a backdrop of a fresh controversy engulfing President Donald Trump. US stock futures advanced amid earnings. The greenback fell against most of its major peers after a report the president shared terrorism intelligence with Russian officials, an action he has since defended. An unexpected …

Bloomberg EasyJet Plc upgraded an order for 30 Airbus SE narrow-body aircraft to the biggest A321 variant in a bet that fare declines are set to ease after pushing it to record winter losses. The switch marks EasyJet’s first deal for the new plane, which has 49 more seats than the A320 model, previously the largest in its fleet. Deliveries …