Thursday , 25 December 2025

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Saudi shares bounce as investors hunt for bargains; Egypt dips

  DUBAI / Reuters Saudi Arabia’s stock market closed higher for a fourth straight session on Monday after last week’s mega international bond sale by the government boosted sentiment, but Egyptian shares dropped further as a chronic dollar shortage weighed on sentiment. Riyadh’s stock index rose 1.0 percent, taking its gains over the last four sessions to 6.2 percent. It …

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Eurozone equities advance on positive data

  London / AFP Eurozone stock markets marched higher Monday following bright economic data, showing business activity in October at a 10-month high. Frankfurt gained 0.8 percent in value and Paris won 0.7 percent. London meanwhile London erased earlier gains to trade virtually flat around midday compared with Friday’s closing level. “A positive swell of data has continued to boost …

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Rockwell Collins bets on smart jets with $6.4 billion B/E deal

  Bloomberg Rockwell Collins Inc., with its $6.4 billion takeover of B/E Aerospace Inc., is betting big that airplanes will get smarter as everything from lie-flat seats to toilet valves flash data in real time to airline crews and maintenance workers on the ground. The acquisition is the largest in the avionics company’s 83-year history, eclipsing its $1.39 billion takeover …

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