Business Blog

By Rodrigo CamposNEW YORK, May 2 (Reuters) - With U.S. stocks near record highs and Treasury bond yields near multi-month lows, the disconnect between equity and debt investors has rarely been as stark. Over the coming months, the economy is likely to show one of the groups has bet wrong.The S&P 500 .SPX sits less than one percent below an all-time high. After a wintry first quarter, stock investo

NEW YORK, May 2 (Reuters) - U.S. stocks eased on Friday as concerns about more violence in Ukraine prompted profit-taking ahead of the weekend, offsetting optimism about an upbeat jobs report. Based on the latest available data, the Dow Jones industrial...

(Adds closing levels, recasts with profit-taking in late trade) * FTSEurofirst 300 dips 0.3 pct following sharp gains * Deutsche Telekom, Bouygues, Iliad up on M&A talk * More than $312 billion in European M&A year-to-date * Europe stocks enjoy...

(Recasts lead, updates throughout, adds quotes, changes byline, dateline, previous LONDON) * Payrolls 288,000 vs forecast 210,000, unemployment 6.3 pct vs forecast 6.6 pct * Dollar up, Wall Street higher * Short-dated Treasuries sell on Fed worries * Russia, Ukraine crisis keeps caution high By David Gaffen NEW YORK, May 2 (Reuters) - Early stocks gains on Wall

Jumeirah Group, luxury hotel company and a member of Dubai Holding, saw operating profit and consolidated revenue grow by eight per cent last year over 2012, according to a statement on Thursday. It, however, did not disclose the actual numbers.

The all new headline story in the Saudi Telecom industry is the introduction of MVNO’s (Mobile Virtual network Operators). Two new MVNOs (Jawraa Lebara, Virgin Mobile) are all set to enter the market during the year. The third MVNO Axiom telecom was also supposed to enter the market on Zain’s network, however due to failure in submission of mandatory documents, the authorities (Communication and Information Technology Commission) have not approved their license. In this paper we look at the general idea behind an MVNO, and the impact they will have on the current landscape of Saudi telecom market.