Bloomberg Hennes & Mauritz AB has abandoned a plan to try to get shareholders to reinvest their dividends in new stock. The Swedish fashion retailer said that the project proved too difficult, after the company encountered technical issues and ran up against time constraints. An “investigation” into the plan showed it wasn’t really feasible, H&M said. Shares initially jumped on ...

DUBAI / Reuters Dubai’s stock market rose in early trade on Tuesday after Emaar Malls and Aramex reported strong earnings, but most of the Gulf was quiet, gaining little momentum from the rise of Wall Street and other global markets. The Dubai index added 1.0 percent as Emaar Malls , the emirate’s flagship mall operator, rose 3.1 percent after reporting ...

DUBAI / Reuters A rebound in global equity markets may lift stock markets in the Gulf on Tuesday. Wall Street’s three main indexes surged well over 1 percent on Monday, and MSCI’s broadest index of Asia-Pacific shares outside Japan is up 1.2 percent on Tuesday morning. Brent oil has not recovered much, however, standing at $62.95 per barrel. In Egypt, ...