European stock futures fell as investors awaited a U.S report that may show the cost of living in America rose at a slower pace in March and as China’s growth eased more than forecast last quarter. Asian stocks climbed while U.S. index futures retreated.
L’Oreal SA, the world’s largest cosmetics maker, may move after first-quarter sales topped analyst estimates. Bayer AG (BAYN), Germany’s largest drugmaker, might be active as it was said to pay at least $110 million to settle about 500 lawsuits over claims that a line of birth-control pills caused blood clots. EON AG may move after Frankfurter Allgemeine Zeitung reported it will probably see interested parties reducing their offers for its energy-from-waste unit in the next round.
Ooredoo Oman Q4 profit falls 17pc to $21m
Ooredoo Oman, a leading telecoms operator, reported a net profit of RO8.3 million ($21.6 million) in the fourth quarter of 2014, down from RO10 million ($25.8 million) in the year-earlier period, mar
New plan aims to boost investment in Saudi
A new plan aims to transform Saudi Arabia’s investment landscape by further diversifying the economy, building its knowledge base, creating job opportunities and maintaining the ease of doing busines