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Level of CO2 in atmosphere hits new high, says UN

  Geneva / AFP The concentration of carbon dioxide (CO2) in the atmosphere averaged a record 400 parts per million in 2015, an ominous milestone for the planet’s health, the UN said on Monday. The greenhouse gas has previously passed the 400 ppm threshold on certain months in specific locations but never on an annual global basis, the United Nations World ...

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Saudi shares bounce as investors hunt for bargains; Egypt dips

  DUBAI / Reuters Saudi Arabia’s stock market closed higher for a fourth straight session on Monday after last week’s mega international bond sale by the government boosted sentiment, but Egyptian shares dropped further as a chronic dollar shortage weighed on sentiment. Riyadh’s stock index rose 1.0 percent, taking its gains over the last four sessions to 6.2 percent. It ...

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Eurozone equities advance on positive data

  London / AFP Eurozone stock markets marched higher Monday following bright economic data, showing business activity in October at a 10-month high. Frankfurt gained 0.8 percent in value and Paris won 0.7 percent. London meanwhile London erased earlier gains to trade virtually flat around midday compared with Friday’s closing level. “A positive swell of data has continued to boost ...

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