Edition:
United States

Muvija M

Brexit chill and insurance scandal hit UK bank CYBG

Nov 20 2018

British bank CYBG said it would take another 150 million pound ($193 million) charge related to an industry-wide scandal over mis-sold insurance policies, helping to send its shares down as much as 10 percent on Tuesday.

British mobile operators EE and Virgin Media fined for overcharging

Nov 16 2018

British telecoms watchdog Ofcom has fined EE and Virgin Media a combined 13.3 million pounds ($17 million) for overcharging some phone and broadband customers who ended contracts early.

UPDATE 2-British mobile operators EE and Virgin Media fined for overcharging

Nov 16 2018

* Virgin Media to appeal against Ofcom ruling (Adds response from Virgin Media and EE)

Diageo to sell 19 brands to U.S.-based Sazerac for $550 million

Nov 12 2018

Diageo Plc is selling 19 lower-end spirits brands including Seagrams VO Canadian whisky and Goldschlager cinnamon schnapps to U.S.-based Sazerac for $550 million, as it focuses on its premium labels such as Johnnie Walker in the United States. | Video

MIDEAST STOCKS-Banks support Qatar recovery, Oman up sharply

Nov 08 2018

Nov 8 Qatar's bourse gained sharply and recovered some of its losses from the last two sessions, while the Oman index registered its best day in nearly two months as telecom and bank stocks gained. Other Gulf markets were mixed.

MIDEAST STOCKS-Profit-taking weighs on Qatar; Egypt extends gains

Nov 07 2018

Nov 7 The Qatar stock index fell for a second consecutive session, bogged down by banks and profit-taking, while Egypt's blue-chip index extended gains on institutional buying.

Mothercare to cut 200 jobs in restructuring

Oct 31 2018

Mother and baby products chain Mothercare Plc has told about 200 employees their jobs will be terminated as part of a restructuring, the struggling British-based retailer said on Wednesday.

UPDATE 1-UK's Mothercare to cut 200 jobs in restructuring

Oct 31 2018

Oct 31 Mother and baby products chain Mothercare Plc has told about 200 employees their jobs will be terminated as part of a restructuring, the struggling British-based retailer said on Wednesday.

MIDEAST STOCKS-Real estate props Dubai, most Gulf markets little changed

Oct 30 2018

* Saudi's Tasnee drops on operational delay for titanium plant

MIDEAST STOCKS-Saudi extends gain after earnings, banks weigh on Abu Dhabi

Oct 29 2018

* Recent events in Saudi unlikely to derail upgrade of stock market - note

World News