BLOOMBERG The cloud that China cast over financial markets is starting to lift — and that’s a boon for stocks and commodities. After trade data pointed to stronger growth in the world’s second-biggest economy, global equities wiped out the last of this year’s losses, copper and iron ore jumped, and haven assets including the yen and gold retreated. European ...

  ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has increased by 0.73% to close at 4563.35 points. Accordingly the Market Capitalization has gained AED 5.35 billion attaining AED 740.23 billion. A total of 0.79 Billion Shares were traded with a total value of AED 1.2 billion during the trading session of 13-04-2016 through 9971 transactions. The number of companies ...

  LONDON / Bloomberg Tesco has announced on Wednesday that it rebounded into slender annual net profits on strong sales, after a vast property write-down and challenging home trade sparked a record loss the previous year. The troubled British supermarket giant revealed that earnings after taxation stood at £138 million ($197 million) in its 2015/2016 financial year, which ran until the ...