DUBAI / Reuters Most major bourses in the Gulf rose on Tuesday as oil prices held near one-year highs, while Egypt retreated after news that Saudi Arabia had suspended oil product supplies to the country this month. Riyadh’s stock index gained 1.5 percent, trimming its loss over the last four weeks to 8.4 percent. All 14 listed petrochemical producers …

  London / AFP Shares in Samsung Electronics tumbled Tuesday after the company junked its Note 7 smartphone, while the anaemic pound helped push Britain’s stock market to a record high. The weak pound, flailing in the wake of Britain’s June vote to quit the European Union, helped push London’s FTSE 100 index of top blue-chip companies to 7,129.83 points, …

  Bloomberg Britain risks losing access to the European Union’s development bank when it leaves the bloc, adding to the economic harm caused by Brexit, according to Werner Hoyer, the bank’s president. The European Investment Bank lent Britain a record 7.8 billion euros ($8.7 billion) in 2015, part of a U.K. loan book of almost 50 billion euros. Projects funded …