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Egypt surges on hope for good news on IMF loan

  Dubai / Reuters Egypt’s stock market rose sharply in early trade on Monday on hopes that an international financing package for the country would be finalised soon after this week’s annual meetings of the International Monetary Fund and World Bank Group. The Egyptian stock index climbed 2.8 percent in a broad rally, with investment bank EFG Hermes rising 4.2 ...

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Tokyo shares up as Deutsche Bank woes ease

  Tokyo / AFP Tokyo shares rebounded on Monday after overseas markets rallied on easing fears over Deutsche Bank’s future, with investors shrugging off a weak Japanese business confidence report. Deutsche Bank bounced back on Friday after a source familiar with the matter said that a US fine over toxic debt it sold would be only $5.4 billion, not the ...

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Heathrow to make room for 25,000 more flights

  Bloomberg London Heathrow airport said it could make room for 25,000 more flights a year in the run up to construction of a new runway, improving global links at a time when Britain is likely to be exiting the European Union. The extra services would be added from 2021 until the opening of a third landing strip in 2025, ...

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