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Egypt succumbs to profit taking, Saudi whipsaws but ends week up

  DUBAI / Reuters Egypt’s stock index slipped from a multi-year peak on Thursday while shares in the Gulf were mixed with Saudi Arabia’s market swinging in volatile, heavy trade but ending the week on a firm footing. Cairo’s index of the 30 most actively traded shares dropped 1.7 percent to 11,353 points, falling from a strong technical barrier at ...

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European stocks mostly firm amid Thanksgiving holiday

  London / AFP European stock markets mostly rose on Thursday but London faltered in a subdued trade with Wall Street closed for Thanksgiving. “The usual Thanksgiving calm has descended across markets, as European investors reconcile themselves to a day of low volumes and quiet trading,” said Chris Beauchamp, chief market analyst at online trading firm IG. In foreign exchange, ...

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Largest Airbus debut signals triumph of two-engined jets

  Bloomberg The biggest version of Airbus Group SE’s A350 wide-body jet made its first flight on Thursday, swelling the twin-engine model’s capacity and casting further doubt on the future of four-turbine planes including the Boeing Co. 747 and the European manufacturer’s own A380. The A350-1000, which departed Airbus’s base in Toulouse, France, at 10:42 a.m. local time, seats 366 ...

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