Sterling Tries to Rebound against Relentless Dollar

Jan 3 Reuters Sterling struggled to rebound against the dollar on Friday and was on track for its worst week since November, while new data added to indications of a slowing British economy. The pound edged up 0.1 to 1.2395, having slid 1.16 on Thursday. The currency hovered close to the April lows it hit […]
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UAE Stocks Subdued as Investors Lock in Profits

Jan 3 Reuters Stock markets in the United Arab Emirates were subdued on Friday, with Dubai39;s index retreating due to profittaking and a lateweek selloff, while Abu Dhabi39;s index stabilized after the previous session39;s decline. Dubai39;s main share index slipped 0.5 for the second straight day, dragged down by declines in financials and property stocks. Emirates […]
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