Archive of 31 March 2017

Trump to host Jordan’s King Abdullah on April 5: White House    

  WASHINGTON: US President Donald Trump will Host Jordan's King Abdullah at the White House next week to discuss the fight against Islamic State militants, the...

Dollar little changed after Fed’s Dudley, US data deflate rise      

  NEW YORK: The dollar was flat on Friday as a Federal Reserve official's seemingly dovish remarks and uninspiring data on the US economy doused the...

Raw sugar hovers near 10-month low, cocoa weakens

LONDON: Raw sugar futures eased on Friday, hovering near 10-month lows touched a day earlier as technical support lagged, while cocoa and coffee also slipped. SUGAR May...

South Africa’s rand, bonds under pressure after Gordhan exit

JOHANNESBURG: South Africa's rand recovered some ground on Friday as investors took profits after the currency fell sharply following President Jacob Zuma's late night decision...

TSX slips as financials weigh; BlackBerry stock jumps

TORONTO: Canada's main stock index fell modestly in morning trading on Friday, weighed by financial and railway companies, though better-than-expected results from BlackBerry offset some...

Russian economy returned to modest growth in Q4, data show

MOSCOW: Russia's economy grew by 0.3 percent year-on-year in the fourth quarter of 2016, official data showed on Friday, confirming the country is gradually emerging...

Glencore to sell 51pc of oil products storage business

LONDON: Swiss-based trading and mining giant Glencore has agreed to sell a 51 percent stake in its oil products and logistics business for $775 million...

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