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A fuel pump assistant fills cars with petrol at Budaiya Fueling Station west of Manama, Bahrain

Oil prices rise as planned oil production cuts start to materialize

16/12/2016(0)
Oil prices rose on Friday after Kuwait appeared to be lining up bigger supply cuts than had been initially expected from January as part of a coordinated effort by ... Read More
stocks

Banks can continue to rally as rates rise, experts say

15/12/2016(0)
Experts believe bank stocks still have a lot to gain, even though the sector has already rallied 21 percent in the last three months. The key sector ETF initially ... Read More
Traders work on the floor of the New York Stock Exchange

European shares move towards 11-month high on stronger banks

15/12/2016(0)
STOXX Europe 600 index up 0.2 pct Banks advance on Fed’s move, hints Precious metals miners among top fallers European shares rose on Thursday, helped by gains in global ... Read More
online-shopping

EU shoppers still face ‘unjustified’ discrimination

15/12/2016(0)
A new EU report out today finds that shoppers still face unjustified discrimination due to nationality and place of residence. The report looked at the implementation of EU consumer ... Read More
Traders gesture at each other while working in the crude oil and natural gas options pit on the floor of the New York Mercantile Exchange

Crude stocks down, though inventories up again in Cushing

15/12/2016(0)
U.S. crude stocks fell last week as refineries hiked output, while gasoline stocks increased and distillate inventories fell, the Energy Information Administration said on Wednesday. Crude inventories fell by ... Read More
A guard walks in front of a Federal Reserve image before press conference in Washington

FED expected to raise interest rates for the second time in 10 years

14/12/2016(0)
Fed expected to raise interest rates but won’t tell market what it wants to hear The markets want to hear whether the Trump economy could jolt the Fed into ... Read More
oil

Oil prices fall on rising U.S. crude stocks, OPEC output concerns

14/12/2016(0)
Oil prices fell on Wednesday following a reported rise in U.S. crude inventories and an estimate that OPEC may have produced more crude in November than previously thought, potentially ... Read More
rents-uk

There’s another sign that London’s house price boom may finally be over

13/12/2016(0)
A clear trend is emerging in the London property market. Prices are finally on their way down. The latest UK House Price Index from the Office for National Statistics ... Read More
UniCredit

UniCredit to raise billions and cut 14,000 jobs

13/12/2016(0)
UniCredit, Italy’s biggest bank, is planning to raise €13bn (£10.9bn) and cut 14,000 jobs over the next two years in a bid to return to financial health. The bank ... Read More
oil-price-L-reuters

Oil prices stable, supported as output cuts hit market

13/12/2016(0)
Oil prices were stable on Tuesday, buoyed by soaring demand in Asia and as signs of a crude production cut organized by OPEC and other exporters materialized, tightening a ... Read More
Broker Cyprus TopFX