Egyptian property developer SODIC swung to a net loss of 447.1 million Egyptian pounds ($64 million) last year, due to one-off items including a write-down on its investments in Syria, managing director Ahmed Badrawi told Reuters on Tuesday. The company had made a net profit of 257...
Euro zone consumer confidence rose 0.6 points month-on-month to -8.7 in April, beating market expectations, the European Commission said in its first estimate on Tuesday. Economists polled by Reuters had expected an improvement to 9.0. For the whole of the 28-nation...
U.S. stocks rose on Tuesday, with both the S&P 500 and Nasdaq on track for a sixth straight day of gains as a number of bellwether companies reported strong results. Netflix Inc ( NFLX.O ) surged 7.1 percent to $373.13 a day after results showed strong subscriber...