European stocks rebounded from a three-month low before reports on American consumer confidence and home sales. Asian shares fell and U.S. index futures gained.
TeliaSonera AB (TLSN) climbed 7.1 percent after saying it will receive 22 billion kronor ($3.3 billion) from selling shares in OAO MegaFon and a special dividend as Russia’s second-largest mobile-phone operator prepares for a London initial public offering. Nordea Bank AB (NDA), the Nordic region’s biggest lender, rose 3.8 percent after profit topped estimates. Michelin & Cie. climbed 6.9 percent on increased revenue.
US probe puts Credit Suisse clients in limbo
[NEWARK, New Jersey] Thousands of Credit Suisse Group's US clients still don't know whether tax authorities will learn their identities as prosecutors work to conclude a three-year probe of how the
NDC acquires Dh120 million drilling rig
The National Drilling Company, or NDC, has signed an agreement with National Oilwell Varco, or NOV, to acquire a new land rig valued at approximately Dh120 million.
The agreement was signe
IAA UAE announces upcoming events
The Internal Audit Association, or UAE IAA, on Sunday hosted a Press conference that unveiled further details of the upcoming IIA Global Council event taking place on March 10 and 11.
Dubai and Australia discuss trade
The ministry said in a Press statement that Al Mansouri and Kang discussed aspects of bilateral cooperation in the economic, industrial and tourism and vital projects to promote economic development