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.
Bahrain ‘set for industrial revolution’
Investment banker Rashad Janahi has said that Bahrain is well-positioned to transition to the fourth industrial revolution.
Mr Janahi who was one of the select Bahraini participants at the World
Global equity gloom, oil prices plunge grip MSM
The gloom in global equity markets and protracted weakness in oil prices once again gripped the Muscat Securities Market last week. “Investors once again dumped shares on global and regional cues”, s