Saudi Banks Extend Gains to Outperform Main Index: Inside EM

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Saudi Banks Extend Gains to Outperform Main Index: Inside EM

Most Saudi Arabian banking stocks climbed, even as the main local gauge fell, ahead of Saudi Aramco's giant listing. The Tadawul Banks Index
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Congo Plane Crashes in Goma With 17 People on Board

Goma, Congo (AP) — A local official says a plane has crashed on takeoff in Congo's eastern city of Goma with 17 people aboard. North Kivu regional
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China to Raise Penalties on IP Rights Violations

China said it will raise penalties on violations of intellectual property rights as it attempts to address one of the sticking points in trade talks with the
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Macy's shares fall on sales miss, retailer slashes outlook

Macy’s on Thursday reported its first same-store sales decline in two years, casting blame on warmer weather and weak traffic at some shopping malls. Because of the poor results, the department store chain also slashed its full-year outlook. Macy’s stock was …
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ECB policymakers buried the hatchet at Draghi's farewell meeting

FRANKFURT (Reuters) – European Central Bank policymakers buried the hatchet at their meeting last month, dropping criticism of a money-printing program that had bitterly divided them just weeks earlier, the accounts of the gathering showed on Thursday.
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