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Business Line

Banking losses mar Athens stock exchange reopening after five-week shutdown

Greece’s main stock index fell sharply when it finally reopened on Monday after a five-week closure – that’s when investors got their first

Economy

More Stock Exchange losses in Greece as banking shares plunge

After a Black Monday, it is proving to be a tumultuous Tuesday on the Athens Stock Exchange. Stocks were down 4.5 percent in early trade, a day after

Business Series

Currencies riding a bumpy road

This week’s Business Middle East takes a look at global currency trading trends, and in business snapshot we look at the reactions to the new fuel

Business Line

Chinese stock meltdown and Windows 10 debut

China’s stock market crash has been largely overshadowed in the headlines here by the Greek crisis in Europe. But that doesn’t mean it’s less

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Business Series

Golden shot: China shocks the commodities market with reserves revelation

Gold appears to be losing its lustre after shedding 4% of its value in a turbulent week. Morgan Stanley indicated a worst-case scenario of a drop to

World News

Europe equities climb on Greek deal, but no respite for the euro

European stock markets rose throughout Monday’s trading session, following news that eurozone leaders had reached an agreement to move forward with a

USA

Computer glitches hit NYSE, United Airlines and Wall Street Journal

The halt in NYSE trading has been described as unprecedented in scale

Business Series

Mixed half year for US and Middle East markets

Looking back at the first six months of 2015 we see mixed fortunes in US and Middle East markets. Contrary to expectations, the United States had

Business Series

China cuts interest rates as Yuan targets IMF

Despite a sluggish economy and a sliding stock market, Chinese officials recently met with the IMF to discuss the evaluation of the yuan becoming an international currency.

USA

Wall Street brings calm to volatile markets amid Greek turmoil

US stocks followed a global lead and fell as Wall Street opened as the weekends events in Greece dented investors confidence. However, the falls are

Business Series

Fed inaction on interest rates impacts on MENA markets

As many analysts anticipated the Federal Reserve left interest rates unchanged in June. The biggest surprise was that Fed Chair Janet Yellen didn’t

Business Line

Europe's top court gives the ECB a boost and Air France wages "war" against its pilots

In this week’s Business Line, we examine the verdict of Europe’s top court which came down in favour of the European Central Bank’s bond-buying

Business Series

Decision day looms as Fed mulls interest rate rise

Ahead of the forthcoming Federal Reserve meeting Business Middle East sheds light on this key moment for the US and global economies, and assesses

Business Series

Draghi says volatility is here to stay

Daleen Hassan – euronews: Welcome to business Middle East. In this episode we look at the impact of the European Central Bank’s recent meeting, and

Business Series

Crude crunch: OPEC expected to resist pressure to increase output

All eyes are on Vienna for this week’s OPEC meeting amid a rift between members of the cartel and other major oil producing countries. The issue is

Business Series

Forex manipulation further undermines trust in international banking

A new scandal undermining the reputation of international banking has been added to a long list of previous cases. Under the spotlight this time is a

Europe News

MEPs tell shoppers to pay more for plastic bags

Business Series

Unruly Britannia: pre-election uncertainty unsettles UK investors and sterling

In this edition we look at how the pound has been affected by the election campaign in the UK and discuss the impact on international oil markets of

Business Series

World spotlight on Asian Infrastructure Investment Bank

The new Asian Infrastructure Investment Bank is attracting the world’s attention. In its efforts to gain more economic clout, China has attracted 57

Business Series

Temporary relief for Greece

Repeated bailout scenarios and last minute decision-making by the eurozone has led to questioning of when and if the end of the Greek crisis will