Recent Posts

Gulf, Egypt inch up as trading volume shrinks

  Reuters Stock markets in the Gulf posted small gains on Sunday after crude oil prices climbed back towards 17-month highs at the end of last week, but trading volumes shrank across the region. Foreign buyers continued to bid up shares in Egypt. Brent futures rose 2.2 percent to settle at $55.21 a barrel on Friday after Goldman Sachs boosted ...

Read More »

Monte Paschi to start share sale in effort to avert state rescue

  Bloomberg Banca Monte dei Paschi di Siena SpA will begin taking orders for shares on Monday as it aims to complete raising 5 billion euros ($5.2 billion) by the end of the year to avoid a rescue by the Italian government. Monte Paschi will sell stock to institutional investors through Thursday, while the offer for retail investors will end ...

Read More »

Bombardier to close window on C Series jet discounts

  Bloomberg Bombardier Inc. gained sales momentum for its flagship C Series jetliner this year with major orders from Air Canada and Delta Air Lines. Now it’s looking to get away from the pricing discounts that fuelled the aircraft’s rebound. The plane maker expects to book new sales in the coming months after racking up 360 firm orders and more ...

Read More »
Send this to a friend