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Barclays sees uptick gathering pace as dividend is restored

Bloomberg While Barclays Plc’s torrid 2017 ended on a mixed note, Jes Staley sees better things to come. Income from dealing stocks, bonds and currencies fell 18 percent, according to the bank’s fourth-quarter earnings report. That beat both the 26 percent decline estimated by UBS Group AG and the average 25 percent drop in markets revenue posted by Wall Street ...

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Saudi sees oil output cuts easing next year

NEW DELHI / Reuters Saudi Arabia hopes OPEC and its allies will be able to relax production curbs next year and create a permanent framework to stabilise oil markets after the current supply cut deal ends this year, its oil minister said on Saturday. The Organization of the Petroleum Exporting Countries is reducing output by about 1.2 million barrels per ...

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UAE-India panel to implement MoU on manpower

Abu Dhabi / WAM The Ministry of Human Resources and Emiratisation and the Ministry of External Affairs of India have agreed on setting up a joint committee to follow up the implementation of the Memorandum of Understanding (MoU) signed between the two countries in the manpower field. The signing ceremony of the MoU took place earlier this month and was ...

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