DUBAI Reuters Logistics firm Tristar has dropped plans for an initial public offering in Dubai due to insufficient demand from investors, two sources familiar with the matter told Reuters on Wednesday. The move is a setback for Dubais bourse, the Dubai Financial Market, which has not seen a big ticket listing since 2017. Tristar began […]

April 14 Reuters Russias rouble extended strong gains on Wednesday on hopes of improving ties between Moscow and the West, while other emerging market currencies rose as U.S. inflation data failed to stoke fears of imminent policy tightening. The rouble led gains across currencies in Europe, the Middle East and Africa, having surged 1.8 on […]

BRUSSELS, April 14 Reuters The European Commission plans to borrow around 150 billion euros annually until 2026 to finance the blocs unprecedented plan to make its economy greener and more digitalised, making it the biggest issuer in euros, a document from the Commission showed. The financing for the EU economic plan, agreed at 750 billion […]

LONDON, April 14 Reuters Sterling hit a oneweek high against the dollar on Wednesday, recovering some ground after a brief dip the previous day following news the Bank of Englands chief economist resigned. The pound dipped on Tuesday afternoon, hitting a sixweek low against the euro and extending losses against the dollar after the announcement […]