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 ...

  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 ...

  London / AFP British retail sales jumped by 1.3 percent in April from a month earlier, official figures showed on Thursday, handing a boost to the economy following a string of weak data. Sales by volume shot higher last month compared with a drop of 0.5 percent in March, the Office for National Statistics said in a statement. March’s ...