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No travel ban on Lebanon: Saudi envoy

Saudi Ambassador to Lebanon Ali Awad Assiri said Friday that his country was not imposing a travel ban on Lebanon, adding that he had received reassurances from high-ranking Lebanese officials that the security situation here was stable.

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USD100bn IDB loans accelerate growth

The Islamic Development Bank has given loans worth USD 100 billion to member states since its inception to finance development projects, thus playing a big role in accelerating economic growth in Muslim countries, said Ahmed Mohamed Ali, its president.

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Wall St Week Ahead-Bond, stock investors making hay; can both be right?

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
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US STOCKS SNAPSHOT-Wall St ends down as Ukraine worries offset jobs optimism

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...
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European stocks dip as investors book recent gains

(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...
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GLOBAL MARKETS-Wall Street slips despite U.S. jobs data; bond prices rise

(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
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