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Saudi stocks follow emerging markets to send Gulf index lower

  Bloomberg Saudi Arabian stocks declined the most in the Gulf as the kingdom’s equities traded for the first time in a week, tracking a selloff across developing nations as investors weigh the chances of a U.S. interest rate increase this year. The Tadawul All Share Index dropped 1.9 percent on Sunday as it reopened after a week-long religious holiday. ...

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Goldman says investors forget many stocks love higher rates

  Bloomberg Amid all the hemorrhaging in dividend stocks whacked by higher bond rates, Goldman Sachs Group Inc. says investors are missing a chance in another group that usually benefits. They’re referring to the companies poised to gain the most from a rate hike, a group dominated by financial firms such as Bank of America Corp. and Bank of New ...

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Iran urges USA to remove obstacles on aircraft deals

  TEHRAN / Reuters Iran urged the United States on Sunday to remove remaining obstacles to it buying passenger planes following the lifting of international sanctions and spread out the welcome mat to foreign investors as it seeks to boost its aviation sector. Iran provisionally agreed earlier this year to buy over 200 jets worth $50 billion at list prices ...

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