Business news wrap-up

Wed, Aug. 23, 2017

A wrap-up for the most prominent news circulated during the day.

Gold inches up as focus shifts to central bankers' meeting

Wed, Aug. 23, 2017

Gold prices edged up on Wednesday, with investors turning to the precious metal amid political uncertainty in the United States

Euro, bond yields rise on buoyant business surveys

Wed, Aug. 23, 2017

The European single currency and euro zone government bond yields rose on Wednesday

TSX rises as RBC earns boosts financial stocks

Wed, Aug. 23, 2017

Canada's main stock index rose on Wednesday, boosted by a jump in financial shares led by Royal Bank of Canada

Toshiba sells $58.5 million in shares of Mitsubishi UFJ: source

Wed, Aug. 23, 2017

Japan's Toshiba Corp sold $58.5 million worth of shares in Mitsubishi UFJ Financial Group on Wednesday

British banks set to close record 762 branches this year

Wed, Aug. 23, 2017

Banks in Britain are set to close a record 762 branches this year

ESCWA eyes cooperation with Egypt’s petroleum sector

Wed, Aug. 23, 2017

Abdel Hakim reviewed methods of mutual cooperation between ESCWA and the oil sector in Egypt in the upcoming months.

Maritime, Land Transport firm units post LE 1.67B profit in FY16/17

Wed, Aug. 23, 2017

Three companies affiliated with the Ministry of Public Business Sector posted profits and revenues surge in the fiscal year of 2016/2017.