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Reuters - 3 days ago

Most Gulf bourses end higher; Egypt extends loss

MIDEAST STOCKS-Most Gulf bourses end higher; Egypt extends loss By Md Manzer Hussain Nov 19 (Reuters) - Stock markets in the Gulf ended higher on Tuesday as investors brushed aside worries about the U.S Federal Reserve interest rate trajectory and volatile oil prices, although the Qatar index fell with a tepid performance across most sectors. Dubai's benchmark stock index .DFMGI gained 0.4% after a loss the previous session, with most sectors in the green.

Reuters - 3 days ago

Gulf shares up in early trading, Qatar slips

MIDEAST STOCKS-Gulf shares up in early trading, Qatar slips By Md Manzer Hussain Nov 19 (Reuters) - Most stock markets in the Gulf were up in early trade on Tuesday, but Qatar slipped due to losses across most sectors. Dubai's benchmark stock index .DFMGI rose 0.4%, rebounding after losses in the previous session, with Commercial Bank of Dubai CBD.DU adding 4.1% and Emaar Properties EMAR.DU advancing 1.7%.

Reuters - 2 weeks ago

UK Stocks-Factors to watch on Nov. 6

UPDATE 1-UK Stocks-Factors to watch on Nov. 6 Adds new items, updates futures Nov 6 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening h igher on Wednesday, with futures FFIc1 u p 1.1% . * PERSIMMON: British homebuilder Persimmon PSN.L said sales rates since the start of the third quarter were well ahead of last year, but flagged concerns around signs of build costs emerging in price negotiations for 2025. * MARKS & SPENCER: British retailer Marks & Spencer MKS.L forecast "further progre

Reuters - 2 weeks ago

Phoenix Group names Nic Nicandrou as chief financial officer

Phoenix Group names Nic Nicandrou as chief financial officer LONDON, Nov 6 (Reuters) - Phoenix Group Holdings said on Wednesday it had appointed former Prudential PRU.L executive Nic Nicandrou as its chief financial officer from Dec. 2, as it steps up efforts to become the UK's leading retirement savings and income business. An insurance sector veteran, Nicandrou previously served as Chief Executive Officer of Prudential Asia & Africa, the largest division of Prudential plc, as well as holding t

Reuters - 3 weeks ago

Blocked Vodacom merger derails S.African telcos M&A push, analysts say

UPDATE 1-Blocked Vodacom merger derails S.African telcos M&A push, analysts say Ruling may delay telecom infrastructure investments Regulators fear consolidation could harm consumers Analysts predict slow, costly telecoms sector expansion Adds Vodacom declined to comment in paragraph 22 By Nqobile Dludla JOHANNESBURG, Nov 4 (Reuters) - The Competition Tribunal's decision to block a merger between Vodacom and a major fibre operator will likely derail a push by South African telecoms firms to use

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