Reuters Egypt’s stock market closed the week at a record high on Thursday as foreign funds continued to buy, while Gulf markets inched up on the back of firmer crude oil and global bourses. Cairo’s index closed 1.7 percent higher at 12,824 points in the heaviest traded volume since mid-November. “Since the float of the currency on Nov. 3 ...

  Bloomberg The dollar faced further headwinds as Chinese efforts to stem capital outflows and a rethinking of Federal Reserve intentions conspired to halt the strongest rally in the currency in more than a decade. Gold rose with Treasuries. The greenback weakened a second day after reaching a 14-year high, as a record of Fed deliberations signaled central bankers remain ...

  Bloomberg After a comfortable two-year spell of cheap fuel and no major crises to dampen travel demand, US airlines are in for what looks to be a more turbulent 2017. Buckle up. Seven consecutive quarters of declining jet fuel expenses have come to an end as carriers are likely to report higher bills for the fourth quarter of 2016, ...