The fall in oil prices has been a “net good” for the economy, Bank of England deputy governor Ben Broadbent has said. He told BBC Radio 5live’s Wake Up ... Read More
Asian markets came under pressure on Friday, despite a positive finish on Wall Street overnight, as a newly weaker dollar brought fresh concerns. “The U.S. dollar basket has lost ... Read More
Once upon a time, falling interest rates were great for banks. A lower cost of capital gave lenders access to cheap raw material while causing borrowers to clamber for ... Read More
The European Commission has issued a press release to inform regarding Winter 2016 Economic Forecast; Weathering new challenges The European economy is now entering its fourth year of recovery and ... Read More
Credit Suisse reported Group FY2015 pre-tax loss of CHF 2,422 million and 4Q15 pre-tax loss of CHF 6,441 million, including substantial charges which are not reflective of our underlying ... Read More
UK in the EU: MEPs debate proposed reforms ahead of referendum What will the UK’s future in Europe be like? The day after European Council President Donald Tusk proposed ... Read More
The economies of the UAE and Saudi Arabia slowed further last month, according to monthly trackers of business activity published yesterday, as falling oil prices and a stumbling global ... Read More
U.S. stocks staged a late-day rally on Wednesday as an 8-percent jump in oil prices lifted beaten-down energy shares and financials rebounded. The Nasdaq stayed weaker but ended well ... Read More
The month of January has been a wake-up call for complacent equity investors. From the peaks of last year stock indices in the major markets have fallen 10-20%, give ... Read More
The international energy companies ExxonMobil and BP have issued press releases to publish their full Year and 4Q Results. ExxonMobil ExxonMobil Earns $16.2 Billion in 2015; $2.8 Billion During ... Read More
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