Business Blog

* Europe bounces but equities globally head for big weekly loss* U.S. non-farm payrolls in focus* Dollar bulls count on a pick-up in hiring* Oil, commodities steady after recent plungeBy Marc JonesLONDON, Oct 3 (Reuters) - Equity and commodity markets steadied ahead of U.S. jobs data on Friday, but were badly bruised after suffering their biggest slump in months on worries about growth, political

Thursday, Oct 2 - 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/1uD39XE under IFG Briefings Subject.TOP STORIESAl Baraka Bank issues first subordinated sukuk in PakistanThe Pakistani unit of Bahrain&aposs Al Bar

* ECB&aposs Draghi fails to give specific on debt purchase plan* European shares close down 2.4 pct* Oil plunges as Saudi producers jump into supply battle(Adds European market close; changes byline, dateline previously LONDON)By Chuck MikolajczakNEW YORK, Oct 2 (Reuters) - Stocks worldwide slumped on Thursday after European Central Bank President Mario Draghi failed to provide jittery markets wit

(Refiles to fix formatting)LONDON, Oct 2 (Reuters) - The euro gained against the dollar while euro zone bond yields rose on Thursday as European Central Bank President Mario Draghi gave no hints of an imminent sovereign bond buying programme in his post-meeting news conference.For Draghi&aposs comments click on ID:nECBNEWS"The market is at highs and in order for us to sustain these levels we need

* Europe stocks slump after ECB disappoints* Wall Street edges lower after global sell-off* Tokyo stocks hit hard, safe-haven yen, gold benefit* Oil plunges as Saudi producers jump into supply battleBy Marc JonesLONDON, Oct 2 (Reuters) - World stocks were knocked hard on Thursday as signs of a strengthening U.S. jobs market stirred concerns about U.S. rate rises and the ECB failed to convince mark

* Global PMIs dent risk appetite* Europe stocks drop as global sell-off continues* Tokyo stocks hit hard, safe-haven yen, gold benefit* Spotlight on Draghi as ECB meetsBy Marc JonesLONDON, Oct 2 (Reuters) - World stocks and oil were knocked hard on Thursday after global manufacturing data and an Ebola health scare in the United States spooked markets, sending investors scurrying to the safety of U