DUBAI / Reuters Shares of builder Drake & Scull (DSI) rose in the final hour of trade on Monday as retail investors reacted to some potentially positive news from the company, while the region recovered some of the previous session’s losses. DSI, which fell by a little more than 5 percent earlier in the session, closed 0.8 percent higher ...

  Bloomberg Europe’s common currency weakened and equities dropped following a convincing defeat of populism in France’s presidential election that investors had already priced in. Crude fluctuated even as Saudi Arabia and Russia signaled output cuts will be extended. The euro fell after climbing for five of the past six days in the buildup to the election of Emmanuel Macron ...

  Bloomberg Turkish banks’ funding costs are rising, says the chairman of the nation’s largest-listed lender by assets, threatening government efforts to engineer a credit boom. “Capital erosion is the most important issue in the Turkish banking industry, because capital has become the most important limited resource,” Ersin Ozince of Turkiye Is Bankasi AS said in an interview with Bloomberg ...