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Market

oil

Oil may rise to $55 if all producers cooperate – Iran

21/11/2016(0)
Iranian Oil Minister Bijan Zanganeh expressed optimism on Saturday about an upcoming OPEC meeting and said crude prices could jump to $55 a barrel if an agreement is reached ... Read More
gold

Gold prices are likely to drop further

21/11/2016(0)
Dubai: Gold fans in Dubai can expect more buying opportunities to open up, as prices are likely to drop further amid rising expectations that a rate increase in the ... Read More
The OPEC flag and the OPEC logo are seen before a news conference in Vienn

Oil prices climb on expectation of OPEC-led output cut

21/11/2016(0)
Oil prices rose by more than 1 percent on Monday as producer cartel OPEC moved closer to an output cut to rein in oversupply that has put pressure on ... Read More
europe

The serfs have rebelled – Europe next?

19/11/2016(0)
Hayek’s The Road to Serfdom described how personal freedoms are progressively eroded by the state in the name of the common good. His warning is more associated with totalitarianism ... Read More
gold

Gold slides toward $1,200 as U.S. rate hike looks imminent

18/11/2016(0)
Gold prices came under renewed pressure on Friday, a day after Federal Reserve Chairwoman Janet Yellen said a U.S. interest-rate hike could come “relatively soon.” Yellen’s prepared comments to ... Read More
volkswagen

VW Said to Cut 23,000 Jobs, Save $3.9 Billion With Labor Pact

18/11/2016(0)
Savings deal aimed at boosting the VW brand’s margin to 4% Volkswagen agrees to refrain from forced layoffs until 2025 Volkswagen AG reached a landmark agreement with workers to ... Read More
Men fish near an oil refinery in Kawasaki

Oil prices fall as strong dollar wipes out OPEC cut optimism

18/11/2016(0)
Oil prices fell in early trading on Friday as the strengthening U.S. dollar snuffed out rekindled hopes that OPEC might agree production cuts. International Brent crude oil futures LCOc1 ... Read More
Janet Yellen

Yellen: Rate hike ‘appropriate relatively soon,’ cites dangers in waiting

17/11/2016(0)
Fed Chair Janet Yellen on Thursday made her strongest comments to date in favor for a policy tightening in December, telling Congress an increase could be “appropriate relatively soon.” ... Read More
FC Barcelona's President Josep Maria Bartomeu and Rakuten's President and CEO Hiroshi Mikitani pose with a jersey after signing a contract as main sponsor in Barcelona

FC Barcelona Signs Up Rakuten in $235 Million Jersey Deal

17/11/2016(0)
Four-year agreement with Japanese firm among sport’s biggest Internet company’s logo will replace Qatar Airways next season Japanese e-commerce giant Rakuten Inc. is paying 220 million euros ($235.4 million) ... Read More
Brent Crude Oil

Oil prices pull back after another jump in U.S. supply

17/11/2016(0)
Oil futures were lower in Asian trade Thursday after weekly data showed another large increase in U.S. inventories of crude. On the New York Mercantile Exchange, light, sweet crude ... Read More
Broker Cyprus TopFX