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A pump jack used to help lift crude oil from a well in South Texas’ Eagle Ford Shale formation stands idle in Dewitt County Texas

$25 trillion investment needed to meet future oil demand

18/01/2017(0)
The world needs to invest $25 trillion in new oil-producing capacity over the next 25 years to meet growing demand, Saudi Aramco’s chief executive Amin Nasser said at the ... Read More
Oil-prices-petrol-pump

Oil rises on weaker dollar, U.S. production outlook caps gains

18/01/2017(0)
Oil prices rose on Wednesday with a weaker dollar underpinning the market, although gains were limited by expectations that U.S. producers would boost output. U.S. West Texas Intermediate (WTI) ... Read More
The corporate logo of financial firm Morgan Stanley is pictured on a building in San Diego

Morgan Stanley reports Fourth Quarter Net Revenues of $9.0 Billion

17/01/2017(0)
Morgan Stanley Reports Fourth Quarter and Full Year 2016: Fourth Quarter Net Revenues of $9.0 Billion and Earnings per Diluted Share of $0.81 Fourth Quarter Results Reflect Continued Strength ... Read More
British American Tobacco

BAT agrees terms to buy Reynolds for $49.4 billion

17/01/2017(0)
British American Tobacco has agreed a $49.4 billion takeover of U.S. rival Reynolds American Inc, creating the world’s biggest listed tobacco company after it nudged up an earlier offer ... Read More
A pump jack used to help lift crude oil from a well in South Texas’ Eagle Ford Shale formation stands idle in Dewitt County Texas

Oil prices mixed on Saudi commitment to cut output, investor scepticism

17/01/2017(0)
Oil markets were mixed on Tuesday, supported by growth in U.S. crude production and Saudi Arabia saying it would strictly adhere to a commitment to cut output, but held ... Read More
Luxottica - Essilor

Luxottica and Essilor agree €50bn merger

16/01/2017(0)
Italy’s Luxottica and France’s Essilor have agreed a €50bn merger deal, one of the largest ever European cross-border transactions, creating a global leader in the fast-growing eyewear industry. The ... Read More
billionaires

Eight men earn more than 3.6 billion people: our economics is broken

16/01/2017(0)
Today, eight people have the same wealth as the poorest half of the world’s population. Stop and think about this. It is a mind-boggling concept. Last year we said ... Read More
gold

Gold price boosted by hard Brexit fears

16/01/2017(0)
Prospect of leaving single market – plus doubts over Donald Trump effect in US – sees traders rush to ‘safe haven’ Gold is being boosted this morning as concerns ... Read More
Oil Prices, A worker checks the valve of an oil pipe at Lukoil company owned Imilorskoye oil field outside the Siberian city of Kogalym

Oil prices edge up on weaker dollar, expected crude output cuts

16/01/2017(0)
Oil prices inched up on Monday, supported by a weaker dollar and expectations that OPEC and other producers will cut output as part of a deal to curb global ... Read More
wonderland

Malice in Wonderland

15/01/2017(0)
Malice in Wonderland Recently, I was quietly reading in my armchair, eyes closing and trying to stay awake, and the next moment I was falling down a rabbit hole. ... Read More
Broker Cyprus TopFX