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Gulf continues sliding as oil sags

  London / AFP Gulf stock markets continued dropping early on Tuesday after Brent crude oil fell back below $49 a barrel and short-term technicals for several indexes in the region turned negative over the past few days. The Saudi index fell 0.6 percent to 6,074 points in the first 45 minutes of trade. On Monday it confirmed a break ...

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European markets bounce back European stocks rebound

  London / AFP European stock markets rebounded on Tuesday, with some support coming from slightly improving eurozone data. The single currency’s economic activity edged higher in August with few signs that Brexit-linked dangers were yet hurting the European economy, a closely watched survey showed Tuesday. Around 1000 GMT, Frankfurt’s DAX 30 stocks index was 0.9-percent higher and the Paris ...

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Alibaba’s app has a social network FB would love

  Bloomberg Alibaba Group Holding Ltd. has tried to shake the perception that it’s just the EBay Inc. or Amazon.com Inc. of China, by pushing into social media and entertainment and actively investing in startups like Snapchat Inc. Chairman Jack Ma’s sprawling pursuits are starting to pay off. Alibaba’s Taobao mobile app is a riot of tiny print and icons ...

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