Investing

Gold Price Eases With Euro, Focus On Fed Outlook

Gold price slid on Monday, under pressure from a softer euro and from dwindling expectations for the Federal Reserve to signal the need for more measures to keep rates low, although longer-term investors took their bullion holdings to a fresh record.

Stock Futures Point to Lower Wall Street Open

Stock index futures pointed to a lower open for equities on Wall Street on Monday, with futures for theS&P 500, the Dow Jones and the Nasdaq 100 falling 0.2 to 0.3 percent.

UAE Real Estate Developers ALDAR, Sorouh Eye State-backed Merger

Abu Dhabi's Aldar Properties, rescued twice by the government with bailouts totaling $10 billion amid a property slump, may merge with local rival Sorouh Real Estate in a state-backed tie-up, the two firms said on Sunday.