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Mideast markets end year with firm tone after big swings

  Reuters Most Middle Eastern stock markets closed higher on Thursday after a tumultuous year in which many bourses were hit hard by low oil prices, then recovered in the final few months as the economic outlook improved. Fund managers generally expect a stronger performance in 2017 because of the rebound in oil prices over the past couple of months, ...

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Dollar slips as US stocks rebound, metals gain

  Bloomberg The dollar dropped the most in two weeks while oil retreated from its highest close in 17 months as investors prepared to close out a volatile year for financial markets. US stocks rebounded from the biggest slide in two months. The Bloomberg Dollar Spot Index fell for the first time in four days after reaching the highest level ...

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Faster than Zara? Boohoo’s online fashion fuels 260% return

  Bloomberg Many investors in retail stocks will be happy to see the back of 2016. But not those who bet on Boohoo.com Plc. The online fashion merchant’s shares have soared about 260 percent in 2016 as fashion-conscious youngsters snapped up garments such as bomber jackets and shoulder dresses for 15 pounds ($18.42) apiece. The stock’s rise is the biggest ...

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