European shares ended off session high on Wednesday, in thin trade, as investors pared gains on a report euro zone officials were considering delaying the second Greek bailout until after the country holds elections in April.
The market had earlier hit six month highs after the Greek conservative party gave a commitment letter to the European Union and IMF on implementing the new austerity package.
"The market does not like it - if Greece cannot get a bailout by mid-March it effectively has a messy default," said Richard Batty, strategist at Standard Life Investments, which has $248.37 billion of assets under management.
NCB’s net income rises 12.8 percent
The National Commercial Bank’s (NCB) net income attributable to equity holders of the bank for the nine month of 2014 reached SR6,830 million compared to SR6,057 million for the same period of the pr
Sadara drives regional chemicals industry growth
Sadara Chemical Company (Sadara), now building the largest chemical complex in the world constructed in a single phase, recently headlined the Gulf region’s first forum focused on ethylene: The Ethyl
New bridge to boost KSA-Bahrain trade
As part of plans to tackle delays on the King Fahd causeway, Bahrain is taking steps to reduce waiting times and ease congestion on its road link with Saudi Arabia while larger measures are under con