WTI seen averaging near $46 a barrel in Q4; Brent at about $48 U.S. sees domestic oil output falling by 620,000 barrels a day Oil bulls distressed that last ... Read More
Shares of Alphabet opened nearly 3 percent higher Tuesday, pushing the technology giant’s market capitalization past Apple to become the world’s most valuable public company. Alphabet has a market ... Read More
UBS has issued a press release to make publish its fourth-quarter 2015 results. According to UBS: UBS 2015 net profit up 79% to CHF 6.2 billion Fourth-quarter net profit ... Read More
Asian stocks traded sharply lower on Wednesday, after Wall Street sold off as much as 2 percent overnight amid a plunge in oil prices. Japan’s Nikkei 225 dropped 3.36 ... Read More
Coordinated cutbacks considered less likely after Iran raises its export target Oil prices gave back a big chunk of last week’s gains, with traders losing hope that the world’s ... Read More
Asia markets closed mostly lower on Tuesday, weighed by declines in the energy sector as oil prices continued to tumble. Japan’s Nikkei 225 lost 114.55 points, or 0.64 percent, ... Read More
Europe’s largest lender, HSBC, is imposing a hiring and pay freeze across the bank globally in 2016, two sources familiar with the matter told Reuters. An email was sent ... Read More
Well that didn’t take long. Two weeks of falling share prices and the European and Japanese central banks caved. First the ECB promised new stimulus — which the markets ... Read More
Russia kept its interest rate steady on Friday but announced it wouldn’t rule out tightening monetary policy if inflation risks rise, after a month in which the ruble dropped ... Read More
A political battle is taking shape in Iran over any new foreign role in developing the country’s enormous oil wealth, only a few weeks after the Iranian nuclear deal ... Read More
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