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European stocks retreat as banks slip; pound falls

  BLOOMBERG U.S. stocks slipped after the biggest gain in two months, as global equities continued to churn just below multiyear highs amid corporate results and persistent signs that worldwide growth remains lackluster. Metals advanced as the dollar slipped. The S&P 500 Index retreated for the first time in four days, while European equities slid from a one-week high. Industrial ...

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Emirates Securities Market down by -0.46 percent

  ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has decreased by -0.46% to close at 4430.61 points. Accordingly the Market Capitalization has lost AED 3.3 billion attaining AED 720.89 billion. A total of 446.83 million Shares were traded with a total value of AED 0.58 billion during the trading session of 11-05-2016 through 6172 transactions. The number of companies ...

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ABN Amro’s first-quarter profit plunges on fragile fee income

  Bloomberg ABN Amro Group NV reported a 13 percent decline in profit after its first full quarter as a listed company coincided with a market rout, crimping revenue from fees and commissions, and said it is considering additional cost cuts. Net income fell to €475 million ($541 million) from €543 million a year ago, the state-controlled Dutch lender said ...

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