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US stocks rise amid earnings

Bloomberg US stocks rose amid better-than-expected earnings from several industry heavyweights, adding to evidence that the strengthening economy is lifting corporate profits. The S&P 500 Index pushed through its average price for the past 50 days, a level it hasn’t breached in a month. Netflix Inc. surged after subscriber growth topped estimates. Johnson & Johnson and UnitedHealth Group Inc. climbed ...

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Saudi stocks continue to rise, telcos boost Egypt

Reuters Saudi Arabia’s stock market continued a strong uptrend on Tuesday on the back of petrochemical and banking stocks, while rising telecoms shares boosted Egypt. The Saudi index closed 0.6 percent up at 8,096 points, having finished above 8,000 points on April 16 for the first time since August 2015. Petrochemicals giant Saudi Basic Industries rose 1.9 percent before going ...

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Sharjah Ruler to witness launch of SCRF 2018

Sharjah / WAM His Highness Dr Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, will witness the launch of the 10th edition of Sharjah Children’s Reading Festival (SCRF 2018), on Wednesday. Held under the patronage of His Highness the Ruler of Sharjah, and his wife Sheikha Jawaher bint Mohammed Al Qasimi, Chairperson of the Supreme ...

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