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Europe’s record factory growth puts the squeeze on resources

Bmw car factory start its production line of hybrid vehicles in thailand

Bloomberg Euro-area manufacturing growth accelerated to a record in December 2017, capping a solid year for factories which is now eating into production capacity. With export demand strengthening, IHS Markit’s monthly report on manufacturing showed both new orders and output were the strongest in 17 years. Germany’s gauge rose to a record and France improved. Global growth also got a ...

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US stocks advance as dollar weakens against G-10 peers

Foreign currency exchange in egypt

Bloomberg The dollar weakened against most of its G-10 peers, US stocks rose and Treasuries fell in the first official day of trading in 2018. European stocks started the year in the red, failing to capitalise on a positive Asian session as the strength of the region’s common currency weighed on exporters. The Standard & Poor’s 500 Index opened higher ...

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Stock markets in UAE, Qatar rise as year starts

Dc emaar copy

Reuters Stock markets in the United Arab Emirates and Qatar rose as they opened for the first day of trade in 2018, while Saudi Arabia continued to slip after a hike in domestic gasoline prices. The Dubai index had a poor 2017, falling 4.6 percent, but it rose 1.2 percent on Tuesday as stocks in the blue-chip Emaar group, which ...

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