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US stocks hit record; NAFTA progress boosts Mexican peso

Fed chair yellen announces interest rates will remain unchanged

Bloomberg US stocks hit a new high, while the Canadian dollar and Mexican peso scored gains after a report of progress in negotiations over the North American Free Trade Agreement (NAFTA). The S&P 500 Index approached the 2,600 mark, reaching its highest level on record. While the Thanksgiving holiday gives traders an excuse to pause, equities are heading into the ...

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Markets stay weak, ADNOC plans boost Abu Dhabi

Reuters Most Middle East stock markets fell on Tuesday, weighed down by geopolitical worries, but Abu Dhabi was boosted by government plans to privatise parts of Abu Dhabi National Oil Co (ADNOC). Saudi Arabia’s stock index fell 0.4 percent on the back of weak banks and cement shares. National Commercial Bank , the largest lender, lost 1.8 percent while Riyad ...

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Brexit-hit banks set to start moving staff abroad by 2018

Goldman sachs hands clients losses in 'top trades'

Bloomberg UK politicians are fighting to get a deal early next year that will ease businesses’ panic about Brexit. For some industries, it’s probably too late. Barring some major breakthrough, global banks will implement their relocation plans early next year to guarantee they’re able to have new offices inside the European Union running by the time the UK exits, people ...

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