MIDEAST STOCKS Saudi and Qatar rise, other Gulf indexes muted
The Saudi and Qatari indexes finished higher on Sunday, buoyed by petrochemical and financial stocks, while other major Gulf indexes declined.
shedding 1.2% and 1.6% respectively. After the market close, Emaar Malls said its chairman and board member Mohamed Al Hussaini has resigned from the company.In March, Emaar Properties announced a plan to buy out minority shareholders of Emaar Malls and delist the business by year-end. ,
Separately, United Arab Emirates Prime Minister and Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum announced ministerial changes on Saturday, including new finance and environment ministers.Sheikh Mohammed announced the reshuffle as part of a new government strategy aimed at expediting change through "transformational projects" in the Emirates.Read more: Reuters Top News »
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Stocks end mixed on Wall Street; S&P 500 manages weekly gainWall Street closed out a choppy week of trading Friday with a mixed finish for the major stock indexes, though the Standard & Poor's 500 managed its first weekly gain in three weeks.
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Marvel sues comic book artists over rights to Iron Man, Spider-Man, othersMarvel sued comic book artist Larry Lieber and the estates of artists Steve Ditko, Don Heck, Gene Colan, and Don Rico on Friday, seeking court orders that the artists can't terminate its copyright interests in characters they co-created including Iron Man, Spider-Man, and Thor. Stan lee would turn in his grave