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Stocks retreat to six-week low as Fed dents metals

  BLOOMBERG Global stocks slid to a six-week low and commodities fell as markets braced for the possibility that the Federal Reserve will raise interest rates as soon as next month. A gauge of the dollar’s strength stood at a seven-week high. The MSCI All Country World Index declined for a third day after the minutes of the last Fed ...

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Egyptian stocks drop on missing airliner; Mideast markets slump

  Bloomberg Egyptian stocks declined after the nation’s flagship airline said one of its passenger planes went missing on the way back to Cairo from Paris. Most equities dropped across the Middle East as oil retreated. The EGX 30 Index fell 1.8 percent to 7,499.49 at the close. About 538 million Egyptian pounds ($61 million) of shares traded, 21 percent ...

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Etihad for more Italy-Germany route tie-ups for carriers

  Dubai / Bloomberg Etihad Airways is confident that Air Berlin Plc and Alitalia SpA are making progress in their turnarounds as the UAE carrier seeks to stem losses at the European affiliates. Etihad wants to strengthen ties between the Italian and German airlines’ route networks and cooperate in other areas to enable them to compete with mainline operators such ...

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