U.S. stock-index futures declined as Greek political leaders struggled to form a government, raising concern the Mediterranean nation may default on its debt as early as next month.
Electronic Arts Inc. (EA), the second-largest U.S. video-game publisher, fell 6.8 percent in German trading after forecasting a loss wider than analysts estimated. Citigroup Inc. (C) the third- biggest U.S. retail bank, slid 0.5 percent in Frankfurt as European lenders slipped.
Futures on the Standard & Poor’s 500 Index (SPX) expiring in June dropped 0.5 percent to 1,359.3 at 10:16 a.m. in London. The benchmark equity gauge yesterday halted three days of declines, helped by a rally in bank shares after Warren Buffett said American lenders are in “fine shape.” Contracts on the Dow Jones Industrial Average lost 58 points, or 0.5 percent, to 12,901 today.
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Meezan Bank, Pakistan’s first and largest Islamic bank, has been awarded ‘Best Islamic Bank’ at the second Pakistan Banking Awards, 2017, the highest accolade in Pakistan’s banking sector, that recog
Algeria will introduce Islamic financial services before 2018 as a way to cope with its financial crisis, announced Prime Minister Ahmed Ouyahia on Thursday.
The services will be available
Asian markets turned lower yesterday as investors cashed in at the end of a mostly positive week while the dollar weakened against its main peers with analysts questioning the chances of a third US i
S&P Global Ratings cut Hong Kong’s credit rating a day after it downgraded China for the first time since 1999, a move that reflects the “strong institutional and political linkages” between the spec
The global economy started 2017 strong with real GDP growth gaining momentum and rising to 3.6 per cent in Q1 2017 and the previous uncertainty surrounding the global growth forecast receded since M