PARIS/ AFP Shares on the French and German stock exchanges fell sharply in early trading on Thursday, dipping below three percent, over oil price worries and after Federal Reserve boss Janet Yellen raised concerns about the global economy. At 0830 GMT, France’s main CAC 40 index was 2,57 percent lower, at 3,956.73 points, after falling briefly more than three percent. …

Abu Dhabi / Emirates Business Finance House (FH) has reported a consolidated net profit at the group level of AED 61.7 million for the financial year ended December 31, 2015 compared to a consolidated net profit of AED 73.3 million achieved in the previous year. Total Assets as of December 31, 2015 grew by 4% to AED 5.04 billion compared …

Bloomberg Royal Bank of Scotland Group Plc hired the head of Asia wealth management at JPMorgan Chase & Co. to lead its private-banking businesses, as Michael Morley steps down. Peter Flavel will join as chief executive officer of private banking, responsible for RBS’s Coutts & Co. and Adam & Co. businesses, the Edinburgh-based bank said in a statement on Thursday. …