Bloomberg It may not be obvious amid the screaming headlines — about currency manipulation, Fed jawboning, Russia summit, yuan weakening, etc. — but US stocks continue their low-volatility, bull-market grind higher. The 2,800 level on the S&P 500 has been bested three sessions in a row on a closing basis — and is on pace for a fourth. That level ...

Bloomberg Egypt is considering adding companies to the list of state-run firms in which investors can secure majority stakes as it readies to launch a programme aimed at reviving the battered public sector. The government is planning to start with the sale of Heliopolis Housing and Eastern Tobacco in October, Public Enterprise Minister Hisham Tawfik said. So far, however, a ...

Bloomberg Energy executives say the fuel Chancellor Angela Merkel has picked for Germans as a bridge towards a cleaner future could turn out to be another dead end without political guarantees to draw investment. “I can’t imagine a rational investor who would invest in large-scale gas capacity” without government assurances, said Uniper SE Chief Executive Officer Klaus Schaefer in Berlin. ...