Cheap gas isn’t going away and solar is gaining market share Bloomberg New Energy Finance forecasts `age of plenty’ Michael Liebreich, the founder of Bloomberg New Energy Finance, set out ... Read More
Crude oil futures traded largely unchanged on Wednesday after falling by just over one percent in the previous session on an International Energy Agency report that said the market ... Read More
Wall Street banking giant JP Morgan Chase reported higher profits in the three months to September but still missed analysts’ expectations. The largest US bank by assets posted a net ... Read More
Asian shares tottered on Wednesday, extending losses after consumer inflation in China eased more than expected and heightened concerns about deflationary pressures in the world’s second-largest economy. China’s consumer ... Read More
So what’s left in the toolbag of central banks and states to stimulate recessionary economies if QE has been discredited? The answer: Helicopter Money. We all know helicopter money of some ... Read More
General Electric Co (GE.N) said it will sell its commercial lending and leasing businesses worth more than $30 billion to Wells Fargo & Co (WFC.N) as the industrial conglomerate ... Read More
The economy of the eurozone makes the US economy look like a picture of robust health by comparison. Richard Baldwin and Francesco Giavazzi have edited The Eurozone CrisisA Consensus ... Read More
ECB chief reiterates willingness to ease, yet currency gains Debatable whether more stimulus can weaken euro: Investec Traders are losing their faith in Mario Draghi’s ability to weaken the euro. ... Read More
Imports were down for the 11th month in a row, according to official figures, but there are signs that demand for the country’s exports is picking up China’s imports ... Read More
OPEC reports that its output rose to a more-than-three-year-high in September Oil prices dropped Monday after the Organization of the Petroleum Exporting Countries reported that its output rose to ... Read More
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