PRESS DIGEST- British Business - May 24
May 24 The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
DUBAI May 8 Here are some factors that may affect Middle East stock markets on Monday. Reuters has not verified the press reports and does not vouch for their accuracy.
* GLOBAL MARKETS-Euro hits 6-month high, Asian shares firm after French election
* MIDEAST STOCKS-Dubai's DSI slumps on more write-offs, oil below $50 sours sentiment
* Oil prices rise on expectation of output cut extension
* PRECIOUS-Gold up on buying, euro strength after Macr on's win in France
* Syrian army advances despite deal to cut violence, monitor says
* Islamic State mounts fierce resistance on new Mosul front
* Iraq's oil exports average 3.252 million bpd in April -ministry
* Iran minister warns Saudi Arabia after "battle" comments-Tasnim
* Iranian supreme leader critical of 'Western-influenced' Rouhani education plan
* Morocco's Attijariwafa paid twice book value for Barclays Egypt acquisition
* Bill to declare Israel a Jewish state back on national agenda
* Egypt passes delayed investment law to smooth business, attract dollars
* Egypt plans new Eurobond issue end May or early June - finance minister
* Egypt expects second instalment of IMF loan in second half of June
* Egypt to issue $1 bln one-year treasury-bill -central bank
* Saudi city of Jeddah talks with banks about transport network finance
* Saudi's SWCC signs Yanbu water plant deal with Chinese Sepco III
* Saudi Arabia's Falih says Brunei ready for global oil agreement extension
* Saudi Telecom signs fibre optic broadband agreement
* Saudi's Ma'aden posts 41.9 pct profit rise
UNITED ARAB EMIRATES
* Air Arabia's first quarter profit drops 10 pct
* Qatar Airways signs World Cup sponsorship deal with FIFA (Reporting By Dubai Newsroom)
LONDON, May 24 Commodities-related revenue at the 12 biggest investment banks fell 29 percent year-on-year in the first quarter of 2017 to its lowest in more than a decade, mainly due to weakness in the energy sector, a consultancy said on Wednesday.
LONDON, May 24 Bond trading revenue at the world's top banks rebounded sharply in the first three months of the year as strong activity in credit and interest rate products eclipsed the lowest currency trading volume in over a decade, a survey showed on Wednesday.