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Egypt central bank's net foreign deficit shrinks sharply

Egypt central bank's net foreign deficit shrinks sharply CAIRO, April 21 (Reuters) - The Central Bank of Egypt's net foreign assets (NFAs) deficit fell in March to its lowest in more than two years, apparently helped by a giant sale of property development rights and a reform of the currency, data posted on the CBE website showed. The NFA deficit plunged to 65.38 billion Egyptian pounds ($1.39 billion) as of the end of March from 270.65 billion a month before and 352.49 billion at end-January.
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UK Stocks-Factors to watch on March 21

UPDATE 1-UK Stocks-Factors to watch on March 21 Adds news items, updates futures March 21 - Britain's FTSE 100 .FTSE index is seen opening higher on Thursday, with futures FFIc1 up 0. 88 %. * BUDGET DEFICIT: Britain posted a larger budget deficit than expected in February, official data showed. * NEXT PLC: Next NXT.L kept its guidance for sales and profit in the current year after reporting a slightly better-than-expected 5% rise in 2023-24 profit.
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UK Stocks-Factors to watch on March 21

UK Stocks-Factors to watch on March 21 March 21 - Britain's FTSE 100 .FTSE index is seen opening higher on Thursday, with futures FFIc1 up 0.8%. * BARCLAYS: Barclays BARC.L is preparing to axe hundreds of jobs across its investment bank as it runs the rule over under-performers in the division, two sources familiar with the matter told Reuters. * SHELL: Shell SHEL.L said it had sold its 50% stake in SouthCoast Wind Energy, established to develop wind projects off the coast of Massachusetts, to i
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ASML Holding, Intrum, Rolls Royce

EUROPE RESEARCH ROUNDUP- ASML Holding, Intrum, Rolls Royce March 19 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including ASML Holding, Intrum and Rolls Royce, on Tuesday. HIGHLIGHTS * ASML Holding NV ASML.AS : TD Cowen raises target price to EUR 1,000 from EUR 925 * Intrum AB INTRUM.ST : JP Morgan cuts to underweight from neutral * Rolls Royce RR.L : Jefferies raises target price to 470p from 390p * Spirax-Sarco SPX.L : HSBC raises targ
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Rakuten Medical: Closes $119 Million Series E Financing To Develop Alluminox™ Platform, Including $45 Million In New Capital And Conversion Of $74 Million Of Convertible Promissory Notes With Accrued Interest

BRIEF-Rakuten Medical: Closes $119 Million Series E Financing To Develop Alluminox™ Platform, Including $45 Million In New Capital And Conversion Of $74 Million Of Convertible Promissory Notes With Accrued Interest March 7 (Reuters) - Rakuten Group Inc 4755.T : RAKUTEN MEDICAL: CLOSES $119 MILLION SERIES E FINANCING TO DEVELOP ALLUMINOX™ PLATF
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