European stocks were seen opening mixed on
Thursday as the previous session's tentative recovery loses steam, with
investors bracing for a key Italian bond auction.
Financial spreadbetters expected Britain's FTSE 100 to open 6 to 9
points lower, or down as much as 0.2 percent, Germany's DAX to open 11
to 16 points higher, or up as much as 0.2 percent, and France's CAC-40
to open 3 to 4 points lower, or down as much as 0.1 percent.
European stocks climbed on Wednesday, halting a week-long slide as recently
battered banks rallied, although the rebound was seen as technical and
Italy plans to offer up to 5 billion euros, including its March 2015 BTP
bond and 3 off-the-run issues, with yields expected to rise.
Saudi investors keen to promote UK trade ties
British trade envoy Lord Thomas King of Bridgwater CH introduced a number of joint investment opportunities for Saudi businessmen to promote trade between Britain and Saudi Arabia during his recent m
Strong response for NCB IPO
The initial public offering (IPO) of the National Commercial Bank (NCB) was 210 percent covered by the end of the 12th day, according to the financial advisers and lead managers GIB Capital and HSBC
Key safety milestone for Alba
Alba, a champion of workplace safety and health, yesterday announced that its Cast House has achieved 2,000,000 work hours without Loss Time Injury (LTI).