Business Blog

Budget carrier Dubai Aviation Corp, known as flydubai, posted a 40 percent increase in net profit in the six months to June 30, it said in an investor presentation to market its potential debut sukuk.

* Brent crude at 4-year low as Saudis aloof on output cuts* European shares recover 0.5 pct after falls on Wednesday* Dollar softens near seven-year high vs yenBy Marc JonesLONDON, Nov 13 (Reuters) - Oil fell below $80 a barrel for the first time since 2010 on Thursday, as more evidence of a slowdown in China&aposs resource-hungry economy chimed with OPEC warning of a substantial drop in demand ne

* Brent crude at 4-year low as Saudis aloof on output cuts* European shares recover 0.4 pct after falls on Wednesday* Dollar near seven-year high vs yenBy Marc JonesLONDON, Nov 13 (Reuters) - Oil fell below $80 a barrel for the first time since 2010 on Thursday, as more evidence of a slowdown in China&aposs resource-hungry economy chimed with OPEC warning of a substantial drop in demand next year.

* Equity indices fall, bank stocks hit after forex settlement* Core bond yields fall, demand supported by hopes of ECB action* Corporate updates knock UK retailers* Nikkei touches seven-year highs, expectations of snap electionBy Lionel LaurentLONDON, Nov 12 (Reuters) - European shares and core bond yields fell on Wednesday, bucking a strong performance in Japan, with bank stocks under pressure fo

Wednesday, Nov 12 - The Islamic Finance Gateway (IFG) Briefing, published from Sunday to Thursday, carries the latest market-moving news and data for institutions offering Islamic financial services.You can view the full IFG briefing via http://tmsnrt.rs/1EzO5fv under IFG Briefings Subject.TOP STORIES Islamic finance body AAOIFI picks up pace with new standards - RTRS - Zawya IslamicThe Bahrain-ba

Indonesian government plans to issue global bonds, samurai bonds and global sukuks early next year before the U.S. Federal Reserve starts increasing interest rate.