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Hard Brexit looms large with resignation of UK’s EU envoy

  Bloomberg The chances that the UK will make a disruptive break from its biggest market have grown with the resignation of the British envoy to the European Union, an experienced Brussels insider who was reviled by leading Brexit supporters. Ivan Rogers quit as Britain’s permanent representative to the 28-nation EU urging officials working for the UK in Brussels to ...

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Egypt reaches record high as Palm Hills surges

  Reuters Stock markets in the Middle East where foreign funds are most active outperformed for a second straight day on Wednesday, with Egypt’s index hitting a record high while Saudi Arabia was dragged lower by profit-taking. Egypt’s main index gained 1.5 percent to 12,608 points in the highest trading volume this week, surpassing the intra-day record high of 12,534 ...

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US stocks rise as auto makers and retailers trade higher

  NEW YORK / AP US stocks rose on Wednesday as December auto sales start to roll in. General Motors and Ford are trading higher. That’s helping consumer-focused companies. The market is building on its gains from the day before. KEEPING SCORE: The Dow Jones industrial average added 30 points, or 0.2 percent, to 19,911 as of 10 a.m. Eastern ...

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