Saturday , 20 December 2025

Recent Posts

Brexit could cost Britain $42bn of direct funding from European Union

  Bloomberg Britain risks losing 40 billion euros ($42 billion) of direct funding from European Union once it leaves bloc, according to UK parliamentary analysis. The European Structural and Investment Funds, which help develop the most deprived regions, and the European Agricultural Guarantee Fund that supports the Common Agricultural Policy are set to provide the U.K. with 17.2 billion euros …

Read More »

Region rises, markets exposed to foreign funds outperform

  DUBAI / Reuters Stock markets in the Middle East gained on Tuesday, with those most exposed to international funds outperforming as global equities and crude oil prices firmed on their first full-scale trading day of 2017. Cairo’s main index closed 1.1 percent higher with gainers outnumbering losers 25 to two. Foreign traders were net buyers, exchange data showed, a …

Read More »

Chinese data gives stock markets early year shot in the arm

  LONDON / AP Global stocks advanced on Tuesday, with US markets set to ring in 2017 with gains, after upbeat Chinese and British manufacturing data bolstered investor sentiment. The dollar and oil prices started the new year as they closed out the last — pushing higher. KEEPING SCORE: Britain’s FTSE 100 rose 0.7 percent to 7,194.02 and France’s CAC …

Read More »