Finance news

• Russian clubs banned from signing Turkish players

  29-11-2015 15:18 via news.yahoo.com
  
  By Dmitriy Rogovitskiy MOSCOW (Reuters) - Russian sports clubs will be banned from signing Turkish players during the upcoming winter break, Russian Sports Minister Vitaly Mutko said on Sunday. "I think that if anyone wants (to sign a Turkish player) during the upcoming transfer window in the winter break, there will not be such a possibility," Mutko, who is also president of the Russian Football Union (RFU), told the R-Sport news agency. "We don't need to jump too far ahead, but (the clubs) hav
  
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• Soccer-Russian clubs banned from signing Turkish players

  29-11-2015 15:08 via news.yahoo.com
  
  By Dmitriy Rogovitskiy MOSCOW, Nov 29 (Reuters) - Russian sports clubs will be banned from signing Turkish players during the upcoming winter break, Russian Sports Minister Vitaly Mutko said on Sunday. "I think that if anyone wants (to sign a Turkish player) during the upcoming transfer window in the winter break, there will not be such a possibility," Mutko, who is also president of the Russian Football Union (RFU), told the R-Sport news agency. "We don't need to jump too far ahead, but (the cl
  
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• MIDEAST STOCKS-Egypt rises as new c.bank chief arrives; Gulf sluggish

  29-11-2015 14:53 via news.yahoo.com
  
  * Hopes that new Egypt c.bank head can resolve FX crisis * Shares in port services companies rise * Saudi cement firms up on hopes for export liberalisation * UAE's Dana Gas soars on arbitration award in Kurdistan * Real estate-related stocks soft in Dubai By Andrew Torchia DUBAI, Nov 29 (Reuters) - Egypt's stock market rose on Sunday as a new central bank governor took office, increasing hopes that the country's foreign exchange crisis can be resolved, while bourses in the Gulf were mostly slug
  
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• Russian athletes to participate in events in Turkey, with extra security: RIA

  29-11-2015 11:54 via news.yahoo.com
  
  MOSCOW (Reuters) - Russian athletes will participate in tournaments organized in Turkey, with maximum security ensured, RIA news agency cited sports minister Vitaly Mutko as saying on Sunday. Russia introduced a raft of punitive economic sanctions against Turkey on Saturday after Turkey shot down a Russian warplane earlier in the week. Mutko said that the measures that Russia is taking against Turkey will not impact the calendar of international sports federations. (Reporting by Lidia Kelly; Edi
  
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• MIDEAST STOCKS-Egypt rises as new central bank chief arrives; Saudi firm

  29-11-2015 11:03 via news.yahoo.com
  
  Egypt's stock market rose early on Sunday as a new central bank governor took office, increasing hopes that the country's foreign exchange crisis can be resolved, while the Saudi market was firm. Tarek Amer, a well-regarded former commercial banker, was to head the first meeting of the central bank's new board on Sunday. Many people expect him to work with the government to try to end the foreign currency shortage by regulating imports and supporting exports, which could benefit many listed firm
  
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• Jack Ma's South China Morning Post takeover a double-edged sword

  29-11-2015 07:02 via news.yahoo.com
  
  Chinese Internet tycoon Jack Ma's mooted buyout of Hong Kong's struggling South China Morning Post could see the paper prosper from his Midas touch, analysts say, but also further erode its independence and with it the city's press freedoms. The once globally renowned paper was founded in 1903 and has long given international readers an insider's perspective on Hong Kong and the mainland, providing a window on events from the Mao era to China's 1980s economic awakening and the 1997 handover. Ma,
  
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• Refugees, shoppers rev up German growth motor

  29-11-2015 05:30 via news.yahoo.com
  
  A massive influx of refugees, and accompanying billions in public spending, have provided Germany with a long-awaited answer to partners' calls for it to do more to jumpstart the eurozone economy. Data released this week showed solid growth for Europe's top economy in the third quarter, lifted by strong consumer spending and state expenditure for asylum seekers. "The German economy has finally become what many international critics had been demanding for a long while: a domestically-driven econo
  
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• Tumbling zinc prices hit corner of rural Ireland

  29-11-2015 04:29 via news.yahoo.com
  
  Ireland is feeling the strain as Europe's largest producer of zinc with global prices for the metal plummeting due to an economic slowdown in China and surplus supply on world markets. Set in a region with few other employment opportunities in rural southern Ireland, Lisheen Mine has been in operation since 1999. Its closure will leave Tara, Europe's largest zinc mine, as the only active zinc extraction point in Ireland, accounting for 150,000- 200,000 tonnes a year.
  
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