DUBAI / Reuters Banking shares dragged Saudi Arabian stocks lower on Sunday while most other Gulf markets were sluggish as investors waited for third-quarter corporate earnings announcements. Good news on Egypt’s International Monetary Fund loan boosted that market. The Saudi stock index sank 2.2 percent as the banking index tumbled 4.5 percent. Banque Saudi Fransi plunged by its 10 percent …

Bloomberg U.S. stock market investors have put Dec. 14 firmly in their crosshairs. Amid a range of reports showing the U.S. economy can withstand an interest-rate increase, investors are punishing industries likely to suffer with tighter monetary policy and shifting cash into groups that benefit from higher borrowing costs and economic growth. The S&P 500 Index tumbled 0.7 percent to …

  Bloomberg The United Nations accord reached to clean up pollution from international aviation may cost airlines as much as $23.9 billion annually by 2035. The companies see it as a victory. The landmark deal brokered in Montreal creates a global system requiring airlines to compensate for emissions growth after 2020 by funding environmental initiatives. That spares carriers from exactly …