MSCI stirs market fears about Greece, EgyptMSCI, the most widely used equity index provider, prompted market fears about both Greece and Egypt on Wednesday, after demoting the former and then raising concerns about getting money out of the latter. MSCI redesignated Greece More… |
Wal-Mart in shares buybackWal-Mart Stores has announced a $15 billion share buyback programme at its annual meeting as the world's largest retailer faces increasing scrutiny from investors over how it has handled allegations of bribery in its Mexican operations that More… |
Saudi share trading down 19pc in MayThe total value of shares traded at the Saudi Stock Exchange in May fell 19.42 per cent to SR116.26 billion ($31 billion) over the previous month even as the foreign investors bought SR2.24 billion worth of shares. The value of sh More… |
Shares rebound as US data calms stimulus fearsThe dollar and global shares recovered from one-month lows on Tuesday and German Bund futures eased, after weak US data calmed concerns about an early cut in central bank stimulus. The dollar rose above 100 yen and its index clawe More… |
Zain Saudi to defer $1.49bn licence fee paymentIndebted telecoms operator Zain Saudi has received government approval to defer licence fee payments totalling $1.49 billion over seven years, sending its shares on Monday to an eight-month high. The rescheduled payment will be tr More… |
UAE healthcare group plans London listingUAE healthcare provider Al Noor Hospitals Group aims to raise some $150 million through an initial public offering (IPO) of shares on the London Stock Exchange (LSE) to finance planned acquisitions. The largest private healthcare More… |
Doha Bank may sell bonds to raise capitalQatar's Doha Bank could issue a capital-boosting bond instead of shares as planned, although it was evaluating the best route to help raise core capital, its chief executive said. The Gulf Arab state's fifth-largest lender More… |
IAG convertible raises $506m for Vueling dealThe International Airlines Group has raised 390 million euros ($506 million) through a convertible bond issue to help to fund the purchase of low-cost carrier Vueling. Chief executive Willie Walsh said in a statement on Tuesday th More… |
IAG convertible raises $506m for Vueling dealThe International Airlines Group has raised 390 million euros ($506 million) through a convertible bond issue to help to fund the purchase of low-cost carrier Vueling. Chief executive Willie Walsh said in a statement on Tuesday th More… |
Firm dollar hits oil, gold, sharesOil and gold prices fell on Monday as the dollar strengthened, dragging Asian shares lower, but Japanese equities outperformed on the back of the yen's slide to a fresh 4-1/2-year low against the US currency. Investors remaine More… |








