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  Bloomberg Stock markets in the Middle East rose on Tuesday with Abu Dhabi gaining the most, buoyed by heavy trade in the shares of a newly merged bank while buying from foreign funds boosted Egypt. Shares of recently merged First Abu Dhabi Bank jumped 4.8 percent in very heavy trade, helping lift Abu Dhabi’s index 1.8 percent. Shares of ...

  AP European stocks are mixed after Asian markets finished mostly lower on Tuesday. Investors are cautiously awaiting President Donald Trump’s meeting with the Chinese president later this week. Britain’s FTSE 100 gained 0.4 percent to 7,308.04 and France’s CAC 40 added 0.02 percent to 5,086.52. Germany’s DAX fell 0.2 percent to 12,238.50. Futures showed Wall Street due to open ...

  Bloomberg Now could be the time for foreign investors to return to Japanese equities, according to Goldman Sachs. Corporate governance reforms, a recovery in domestic demand and the strong performance of local stocks in US dollar terms are all potential catalysts that may lure foreigners back after they sold net 1.1 trillion yen ($10 billion) of Japanese equities last ...

  Bloomberg SNC-Lavalin Group Inc. is holding talks to buy WS Atkins Plc of the UK for 2.08 billion pounds ($2.6 billion) as Canada’s biggest engineering and construction company looks to expand its global reach with a record acquisition. The Montreal-based builder made a tentative offer of 2,080 pence a share, “a level that the board would be prepared to ...

  Bloomberg The world will have a better idea by the end of this week, but probably no definitive answer, on whether the US economy’s boom in “soft” data is being reflected in the “hard” stuff. This week’s economic data include trade figures and factory orders, culminating in a payrolls report forecast to show 175,000 jobs added by US employers ...

  Bloomberg Manhattan home resales climbed for the first time in a year and a half as sellers agreed to lower prices in order to seal deals before inventory and interest rates rise further. Completed purchases of previously owned homes rose 7.7 percent in the first quarter from a year earlier, reversing a stretch of five consecutive periods in which ...

  Bloomberg Peabody Energy Corp., America’s biggest coal miner, is back. After almost a year in bankruptcy, the St. Louis-based giant will trade yet again on the New York Stock Exchange on Tuesday. Clarksons Platou Securities Inc. estimated a market capitalization of $3.97 billion for the company, which at its height was valued at almost $24 billion. Its return to ...

  Bloomberg Amid a dearth of new plane models, the aviation industry is intensifying the search for in-cabin innovations to lure passengers with wider seats, faster service and even fresh pancakes. Among developments this year, Qatar Airways revealed a business berth which can be swiveled to form a meeting area for four or a double bed. Dubai-based Emirates, which already ...

  Bloomberg Ivory Coast’s biggest online retailer will enable consumers to buy goods from international markets for the first time next month as it seeks to tap a shopping boom in one of sub-Saharan Africa’s fastest-growing economies. Jumia, an internet platform whose investors include Berlin-based Rocket Internet SE and Goldman Sachs Group Inc., is expanding its Ivory Coast operation by ...

  Dubai / Emirates Business Airbus and SITA have launched new Security Operations Center Services customized for the specific needs of the air transport industry. This new incident detection services will provide airlines, airports and other air transport industry stakeholders with information about unusual cyber activity that may impact their businesses. These services have been developed to specifically meet an ...