economy

european-union

Europe open: Stocks rally on strong Asian cues; IAG flies higher on upgrade

15/02/2016(0)
European stocks kicked the week off on an upbeat note, taking their cue from a strong session in Asia, despite the release of disappointing Chinese and Japanese data. At ... Read More
oil

Oil prices turned lower as Iran loads shipment for Europe

15/02/2016(0)
Oil prices turned lower again today after soaring at the end of last week as Iran prepared to ship its first consignment of the commodity since sanctions were lifted, ... Read More
The corporate logo of financial firm Morgan Stanley is pictured on a building in San Diego

Morgan Stanley to pay $3.2 billion to settle financial crisis-era charges

12/02/2016(0)
Morgan Stanley (MS.N) will pay about $3.2 billion to settle charges that it misled investors in residential mortgage-backed securities that later soured during the financial crisis, federal and state officials ... Read More
Riksbank

RiksBank:Repo rate cut to –0.50 per cent

11/02/2016(0)
The economy continues to strengthen but inflation is expected to be lower during 2016 than previously forecast. The period of low inflation will therefore be longer. This increases the ... Read More
goldman_sachs_logo_door

Goldman Sachs Abandons Five of Six ‘Top Trade’ Calls for 2016

11/02/2016(0)
New York bank closes bet on dollar strength versus euro, yen Divergent-rates policy still favors greenback, Himmelberg says Goldman Sachs to clients: whoops. Just six weeks into 2016, the New ... Read More
abu dhabi

India eyes investments from Abu Dhabi

11/02/2016(0)
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
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Tax rise risk from George Osborne’s ‘inflexible’ budget target

09/02/2016(0)
Chancellor George Osborne’s “inflexible” budget surplus target may mean sudden tax rises or spending cuts, independent economists suggest. The Institute for Fiscal Studies (IFS) said that Mr Osborne’s pledge ... Read More
saudi-arabia

Saudi economy is resilient, says World Bank expert

08/02/2016(0)
Saudi Arabia has five years’ worth of reserves at current spending levels and oil prices, Shantayanan Devarajan, chief economist of the World Bank’s Middle East and North Africa Region ... Read More
ftse100

FTSE hits three-year low, business confidence slumps

08/02/2016(0)
FTSE 100 sheds more than 100 points, with technology and financial shares worst hit, as global growth fears reignite. The FTSE 100 has tumbled to a fresh three-year low, ... Read More
european-union

It is time for a euro zone finance ministry?

08/02/2016(0)
The euro zone needs to press ahead with structural reforms and closer integration, including an euro zone finance ministry, to deliver sustainable growth, the heads of the French and ... Read More
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