Bloomberg Growth in Britain’s services sector unexpectedly strengthened in April, giving the economy a solid start to the second quarter after a weaker-than-forecast performance at the start of the year. IHS Markit’s index rose to 55.8 in April from 55 in March, defying expectations for a decline to 54.5. Its measures for manufacturing and construction published earlier this week ...

    DUBAI / Reuters Arabtec’s shares rose after the Dubai builder swung to its first quarterly net profit since September 2014, bucking the trend in most of the region’s markets which followed global bourses and oil prices lower on Thursday. “The return to profitability (at Arabtec) is a good indicator and we believe there will be no negative surprises ...

  Bloomberg US stock futures pointed to a higher opening and European equities advanced amid positive earnings reports. Brent crude slid below $50 a barrel for the first time since March, while the rout in metals prices worsened. The S&P 500 Index looked to snap a string of meager moves, and the Euro Stoxx 600 climbed as Met Life Inc. ...