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Liberty Global pares growth target

  Bloomberg Liberty Global Plc lowered its growth target for Europe this year as billionaire John Malone’s cable carrier reported a weaker-than-expected start in the UK. Liberty now forecasts operating cash flow growth of 5 percent for 2017, down from February’s outlook of 6 percent to 7 percent, the London-based company said. The operator lost more customers than expected in ...

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Dubai’s DSI ends higher on CEO remarks, region rebounds

  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 ...

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Euro slips after Macron win, dollar rises

  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 ...

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