Crude prices jumped today as renewed chatter about a possible production cut deal swirled around oil markets. Brent crude, the global benchmark, jumped four per cent to $31.26 per barrel. ... Read More
For banks, the recent news is pretty grim. But it’s about to get much worse, based on the following: Yield Curve Flattens: Now 10-Year Yields ... Read More
While China’s Shanghai Composite remained closed for the Lunar New Year holiday, the majority of stock indices across Asia including Japan’s Nikkei 225 were trading lower on 12 February. ... Read More
The MSCI All-World Index falls 20% from its May 2015 record Retreat is biggest since selloff during 2011 Europe crisis The yearlong decline in global equities that started with ... Read More
Employers’ organisation reduces forecast for GDP increases in 2016 and 2017 to 2.3% and 2.1% respectively Britain’s leading employers’ organisation, the Confederation of British Industry, has warned that the ... Read More
Societe Generale has issued a report to inform on Quarterly financial results. 2015: CONTINUED GROWTH – Substantial growth in net banking income: +8.8% vs. 2014, driven by the commercial ... Read More
French oil major Total has reported a 20% increase in annual net profit to $5.1bn, compared with $4.2bn a year earlier. As with other oil firms, the rise in ... Read More
The crown prince and PM Modi will have a private meeting on Thursday before bilateral delegation-level talks that are likely to see inking of several agreements Abu Dhabi’s Crown ... Read More
Twitter shares fell Wednesday after-hours as the company revealed that its user numbers had declined sequentially. The company reported fourth quarter earnings of 16 cents per share on $710 ... Read More
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