Euro surge to two-year high prompts stocks pause

LONDON The euro’s surge to an almost two-year high dominated financial markets on Friday, with worries over the impact on growth helping push Europe’s major stock exchanges lower. The euro was riding high as concerns over probes into US President Donald Trump’s affairs weakened the dollar and investors jumped on signs the European Central Bank …

Got loose change in foreign currency? Donate it in Dubai

Dubai: Residents and visitors can now donate foreign currency in coins and notes, thanks to special charity boxes set up by Dubai Municipality. Mariam Bin Fahd, director of the Knowledge Management Department at Dubai Municipality, came up with the idea after realising that loose change in foreign currencies is not readily accepted by money exchange …

Greece approved for $1.8b conditional loan from IMF

ATHENS, BRUSSELS, WASHINGTON The International Monetary Fund agreed to a new conditional bailout for Greece, ending two years of speculation on whether it would join in another rescue and giving the seal of approval demanded by many of the country’s Euro-area creditors. The Washington-based fund said on Thursday its executive board approved “in principle” a …