Collapsing crude prices are confronting scores of smaller U.S. oil producers with the grim choice of either shutting older high-cost wells or burning through cash in the hope of ... Read More
Microsoft sales are growing for just about every product it makes … except for Windows. A couple years ago, that would have caused a panic — Windows has been ... Read More
Abu Dhabi Islamic Bank said yesterday, it planned to boost its capital base to help support future growth, after setting aside less cash for bad loans helped it post ... Read More
Anti-austerity Syriza party leader Alexis Tsipras has vowed to end Greece’s “five years of humiliation and pain” after his general election win. Before cheering supporters, Mr Tsipras again pledged ... Read More
FXCM Inc. (NYSE:FXCM), released on January 23 an update on its business as well as a statement from Chief Executive Officer, Drew Niv, on FXCM’s month-to-date metrics along with the firm’s current plans ... Read More
Deposits increase to £2,867 million; representing year on year growth of 118% Total loans grow to £1,597 million, a year on year increase of 112% Loans to business customers ... Read More
The European Central Bank’s executive board proposed buying roughly €50 billion ($58 billion) a month in bonds for at least a year, according to people familiar with the matter, ... Read More
Dennis Nally, Chairman of PricewaterhouseCoopers International, presented some of the key findings of PwC’s annual survey of business leaders from around the world at a press briefing in Davos, ... Read More
In a more open and connected world, it’s not just easier for friends and family to stay in touch. New economic opportunities are being created too. A new report ... Read More
Gold prices have soared on the recent wave of global volatility with stock market crash in China and the Swiss national currency turmoil, exceeding $1,300-1,320/oz. One of the top-valued ... Read More
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