Business Blog

* Oil prices near four-year low as OPEC output cut hopes fade* European shares buoyed by ECB bond-buying hopes* French 10-yr government bond yield hit 1 percent for first time* Asian shares edge up, helped by stimulus around the worldBy Marc JonesLONDON, Nov 27 (Reuters) - Fading expectations OPEC would cut production when it met on Thursday sent oil prices tumbling to a four-year low, while a ral

Bahrain's Gulf Finance House (GFH) plans to up its stake in Khaleeji Commercial Bank (KCB) to gain majority ownership, its chairman was quoted as saying by a television channel.

Bahrain's Gulf Finance House (GFH) plans to up its stake in Khaleeji Commercial Bank (KCB) to gain majority ownership, its chairman was quoted as saying by a television channel.

The International Finance Facility for Immunisation Co. (IFFI), for which the World Bank acts as treasury manager, has launched a USD 500 million debut Islamic bond issue, a document from the banks arranging the sale showed.

More than 70% of fresh chickens being sold in the UK are contaminated with the Campylobacter bug, the Food Standards Agency (FSA) reveals.

Nov 27 (Reuters) -Following are terms and conditionsof a FRN priced on Thursday.Issuer IFFIm Sukuk Company Limited (IFFIM)Obligor International Finance Facility for ImmunisationSukuk Structure MurabahaIssue Amount $500 millionMaturity Date December 4, 2017Coupon 3 month Libor + 15 basis pointsReoffer price ParPayment Date December 4, 2014Lead Manager(s) Standard Chartered Bank, Barwa Bank & CIMBFu