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white-cliffs-britain

UK seeks transitional trade deal with EU to avoid Brexit ‘cliff edge’

20/12/2016(0)
Britain may need an interim trade agreement with the European Union to smooth its exit from the bloc, said Britain’s Trade Secretary Liam Fox, adding there should not be ... Read More
dollar-euro notes

Major Economic Warning Sign: The Euro Is Heading For Parity With The U.S. Dollar

19/12/2016(0)
The collapse of the euro is accelerating, and it looks like we could be staring a major European financial crisis right in the face early in 2017. On Thursday, ... Read More
Scotland's minister for EU negotiations, Russell, poses for an photograph during an interview in Berlin

Scotland unveils proposals on how to remain in the EU single market after Britain leaves

19/12/2016(0)
Scotland will publish proposals this week for how it can remain in the European Union‘s single market after Britain leaves the bloc, in order to avoid the “national disaster” ... Read More
fairfax

Fairfax Financial to Acquire Allied World for $4.9 Billion in Cash and Stock

19/12/2016(0)
Cash and share offer with dividend for total value of $54.00 per Allied World share – $10.00 in cash and $44.00 in Fairfax Shares 18% premium to the last ... Read More
brexit

EU to hit UK with £50 billion Brexit settlement

17/12/2016(0)
The European Commission’s chief negotiator has said that the UK would have to pay a Brexit settlement fee of €50-€60 billion (£42-£50 billion). Michel Barnier mentioned the figure to ... Read More
European-Stocks

European Stocks Hover Near 1-Year High, Set for 2nd Weekly Gain

16/12/2016(0)
European stocks held steady after closing at their highest level since January on Thursday, heading for a second week of gains. The Stoxx Europe 600 Index rose less than ... Read More
fed2

The Fed Lifts Interest Rates On Outlook For Firmer Growth

16/12/2016(0)
The Federal Reserve announced an increase in interest rates yesterday, nudging its target rate up by 25 basis points to a 0.50%-to-0.75% range. The central bank’s revised economic projections ... Read More
A fuel pump assistant fills cars with petrol at Budaiya Fueling Station west of Manama, Bahrain

Oil prices rise as planned oil production cuts start to materialize

16/12/2016(0)
Oil prices rose on Friday after Kuwait appeared to be lining up bigger supply cuts than had been initially expected from January as part of a coordinated effort by ... Read More
stocks

Banks can continue to rally as rates rise, experts say

15/12/2016(0)
Experts believe bank stocks still have a lot to gain, even though the sector has already rallied 21 percent in the last three months. The key sector ETF initially ... Read More
Traders work on the floor of the New York Stock Exchange

European shares move towards 11-month high on stronger banks

15/12/2016(0)
STOXX Europe 600 index up 0.2 pct Banks advance on Fed’s move, hints Precious metals miners among top fallers European shares rose on Thursday, helped by gains in global ... Read More
Broker Cyprus TopFX