Bloomberg The United Kingdom is set to reverse a ban on trading in Swiss shares following its exit from the European Union (EU). The Treasury plans to put legislation to lawmakers in the coming days that will take effect three weeks later if approved, according to a spokesman. The story was first reported by the Financial Times. “Once in force, ...

Bloomberg The Middle East’s benchmark equity indexes all advanced on Sunday, tracking a global stock rally on optimism that a Democratic sweep in the US will boost fiscal spending in the world’s largest economy. Egypt’s EGX 30 Index climbed for a third day to lead regional gains as the government reported declining inflation. Meantime, Saudi shares increased, hovering at their ...

Bloomberg Plug Power Inc., a fuel-cell company that’s struggled to turn a profit, surged in value to nearly $25 billion after striking a deal with a South Korean conglomerate to promote hydrogen technology in Asia. Shares in the Latham, New York, company jumped more than 50%, when SK Group agreed to pay $1.5 billion for a 10% stake in it. ...