Oil rises on Russia’s output freeze commitment

Oil edged higher as Russia reiterated its commitment to joining a producers’ output freeze to stem a two-year slide in prices, but a strong dollar capped the gains. Global benchmark Brent crude futures were 44…

A logo is pictured on the Deutsche Bank building in Geneva, Switzerland, October 11, 2016.  REUTERS/Denis Balibouse/File Photo

Gulf investors prepared to raise stakes at Deutsche Bank

Deutsche Bank’s largest investors, investment vehicles controlled by the Qatari royal family, would be ready to take part in a capital increase, according to German business monthly Manager Magazin. Germany’s biggest lender is battling to contain…


Luceco lights up the IPO market

LED lighting manufacturer Luceco plc will list on the main market of the London Stock Exchange on Thursday after concluding positive talks with potential investors. The London-based firm has successfully priced its initial public offering…