Business Blog

* Wall St lower, hit as oil falls* Brent crude trades near four-year lows* Optimism around ECB stress tests is short-lived* German Ifo index falls to lowest in almost 2 years(Recasts with U.S. open, new quote, falling oil prices; changes dateline; previous LONDON)By Yasmeen AbutalebNEW YORK, Oct 27 (Reuters) - Global equity markets slipped on Monday, hit by weak German business sentiment and anoth

(Changes &aposweigh&apos to &aposweighs&apos in headline)* Optimism around ECB stress tests is short-lived* German Ifo index falls to lowest in almost 2 years* Wall Street set to open down ahead of data* Italy&aposs Monte Paschi drags down bank share index* Brazil markets suffer losses after Rousseff election winBy John GeddieLONDON, Oct 27 (Reuters) - European shares and the euro gave up early ga

Etisalat announced today that it is teaming up with Belkin to introduce WeMo smart home automation solutions to customers in the UAE, ahead of its worldwide launch. WeMo is Belkin's award-winning home automation ecosystem and the leader in delivering customizable smart home experiences.

To be located in Riyadh, Jeddah, Al-Khobar and Dammam, the hotels will include four under the Centro Hotels by Rotana brand, Rotana's lifestyle affordable hotel brand. The new hotels are a key part of Rotana's expansion and development plans for the Saudi market and other the markets in the region.

Dubai Parks and Resorts LLC, a Meraas Holding company, has announced plans to develop a Polynesian-themed family hotel as a key component of Dubai Parks and Resorts project that is taking shape in the Jebel Ali area.

* Investors return to risk after ECB health checks* European shares reverse gains on weak Ifo data* Italy&aposs Monte Paschi drags down bank share index* Brazil markets set for losses after Rousseff election win* Russian stocks rebound, rating downgrade avertedBy John GeddieLONDON, Oct 27 (Reuters) - Low-rated government bond yields dropped and the euro edged tentatively higher on Monday as the re