Market

A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport

U.S. oil holds near seven-week high; OPEC upbeat on output curbs

22/02/2017(0)
Oil prices held near multi-week highs on Wednesday after OPEC signaled optimism over its deal with other producers to curb output to clear a glut that has weighed on ... Read More
oil markets

Biggest gasoline glut in 27 years could crash oil markets

21/02/2017(0)
Oil prices are stuck in a holding pattern, waiting for more definitive data on what comes next. OPEC compliance is helping keep prices afloat, but rising US oil production ... Read More
hsbc logo

HSBC announced 2016 Results; $1.0bn share buy-back

21/02/2017(0)
Strategic execution Completed a $2.5bn share buy-back following the sale of the Brazil business Further reduced our risk-weighted assets (‘RWAs’) during 2016 by $143bn as a result of extensive ... Read More
Accenture

Accenture Announces Intent to Acquire Digital Agency SinnerSchrader AG to Drive Expansion of Accenture Interactive in Germany

20/02/2017(0)
Accenture agrees to purchase 62% majority of shares in SinnerSchrader AG from the co-founder/CEO, CFO and other shareholders Public tender offer to remaining shareholders at EUR 9.00 per share, ... Read More
Oil Prices, A worker checks the valve of an oil pipe at Lukoil company owned Imilorskoye oil field outside the Siberian city of Kogalym

Oil prices creep higher, but overshadowed by U.S. supply

20/02/2017(0)
Crude futures traded slightly higher on Monday, but the market struggled on signs that the U.S. oil production is on a steady uptrend, which could potentially thwart ongoing efforts ... Read More
amazoncom

Amazon to create over 5,000 jobs in Britain in 2017

20/02/2017(0)
Online retailer Amazon is set to create more than 5,000 jobs in Britain this year, the company said on Monday, boosting its investment in the country once more even ... Read More
Greece

Greece says ‘not a euro more’ from its austerity-impoverished population

17/02/2017(0)
European Union officials are urging Greece and its creditors to strike a financial aid deal for the country quickly to safeguard economic recovery. However, Athens has refused a demand ... Read More
Oil Prices, A worker checks the valve of an oil pipe at Lukoil company owned Imilorskoye oil field outside the Siberian city of Kogalym

Oil firms as OPEC floats extended output cut; markets still bloated

17/02/2017(0)
Oil prices edged up on Friday, lifted by a report that producer club OPEC could extend an output cut aimed at reining in a global fuel supply overhang. Brent ... Read More
Italy

Italy found a solution for its troubled banks

16/02/2017(0)
Italy’s parliament approved a law to plow as much as 20 billion euros ($21 billion) into Banca Monte dei Paschi di Siena SpA and other troubled banks as part of ... Read More
Dow Jones

This Is Why You Don’t Own A Lot Of Stocks

16/02/2017(0)
You’d think that by now every relevant measure of stock market overvaluation would have been converted into a chart and circulated throughout the blogosphere. But Zero Hedge has come ... Read More
Broker Cyprus TopFX