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Equities drift higher ahead of central bank decisions

  AFP European and US markets drifted higher on Tuesday with dealers on tenterhooks on the first day of key monetary policy meetings for the US Federal Reserve and Bank of Japan. Around 1330 GMT, London’s benchmark FTSE 100 index was up 0.7 percent compared with the close on Monday. In the eurozone, Frankfurt’s DAX 30 won 0.7 percent and ...

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Qatar gains after FTSE inclusion, Saudi near technical support level

  Reuters Qatar’s equity index climbed on Tuesday as passive funds flowed into shares now included in FTSE’s secondary emerging market index while other Gulf markets sagged. Doha’s index rose 1.0 percent, recouping some of the percent losses from the previous session. Passive funds will flow into 22 shares from Tuesday, and the stocks will continue to be bid up ...

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Lufthansa, Air China sign route joint venture deal

  Bloomberg Deutsche Lufthansa AG and Air China Ltd. signed a cooperation agreement that will enable the Star Alliance members to take on competition from the rival Skyteam partnership on China-Europe routes and boost earnings. The flag carriers of Germany and China plan to increase coordination on flight schedules and expand code-sharing on China-Europe flights when the venture takes off ...

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