Wall Street to open higher with M&A boost

U.S. stocks were set for a higher open on Monday as more merger and acquisition activity and the last days of the third quarter encouraged investors following three sessions of losses. Xerox

Miners, banks drag FTSE down 0.5 pct

Britain's top share index fell early on Monday, tracking weaker showings in Asia after falls on Wall Street on Friday, with declines by miners and banks countering a rally from pharmaceutical stocks.

Stock futures point to weaker start

Stock futures pointed to a weaker start for Wall Street on Monday. Futures for the Dow, the S&P 500 and the Nasdaq were down 0.2-0.4 percent by 3:58 a.m. EDT. Belgian drugs,

Outlook for Saudi banks remains stable

The fundamental credit outlook for the Saudi banking system is stable, reflecting the sector's resilience and its ability so far to absorb the adverse effects of the global financial crisis and deteriorating