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News Analysis

law-antitrust

Europe fines car parts producers for participating in cartel

28/01/2016(0)
Antitrust: Commission fines car parts producers € 137 789 000 in cartel settlement European Commission has issued a press release to inform that: The European Commission has imposed fines ... Read More
Mario Draghi - ECB

How domestic economic strength can prevail over global weakness

26/01/2016(0)
Find below the Keynote speech by Mario Draghi, President of the ECB, at the Deutsche Börse Group New Year’s reception 2016, Eschborn, 25 January 2016 Thank you, Mr Faber, ... Read More
tsipras-July 2015

Greece Reaches Tsipras Anniversary Facing Pension Battle

25/01/2016(0)
Bonds sink ahead of tough negotiations over pension reform Government wants speedy end to bailout review with creditors Prime Minister Alexis Tsipras is marking the one-year anniversary of his ... Read More
china-iran-leaders

China, Iran Agree to Expand Trade to $600 Billion in a Decade

25/01/2016(0)
China and Iran mapped out a wide-ranging 25-year plan to broaden relations and expand trade during the first visit by a Chinese leader to the Islamic republic in 14 ... Read More
russia oil

Russian Oil: Output Grows as Prospects Shrink

25/01/2016(0)
Plummeting prices and U.S.-led sanctions raise questions about Russian oil’s capacity to continue underwriting Putin’s global ambitions In the frosty swamplands of West Siberia, the drilling rigs of oil ... Read More
greece-europe-flags

Could Greece Positively Surprise World Economy in 2016?

21/01/2016(0)
Premier sees investors returning to Greece in recent weeks Asset-sales fund announces Piraeus Port stake sale to Cosco Prime Minister Alexis Tsipras said investor trust in the Greek economy ... Read More
IMF

IMF Executive Board Initiates Selection Process for Next Managing Director

21/01/2016(0)
The Dean of the Executive Board of the International Monetary Fund (IMF), Mr. Aleksei Mozhin, made the following statement on January 20: “I am very pleased to announce that ... Read More
saudi-arabia

Saudi Arabia Said to Ban Betting Against Its Currency

21/01/2016(0)
Central bank said to give directive at Jan. 18 Riyadh meeting Riyal forwards jump to highest in at least 2 decades in Jan. Pressured by plunging oil prices and ... Read More
solar energy

UAE eyes new clean energy generation target by 2030

21/01/2016(0)
The UAE is looking to increase its target for power generation from clean energy to 30 per cent by 2030, the energy minister said yesterday. “What we know is ... Read More
Barclays

Barclays to Close Several Businesses in Asia, Cut Around 1,000 Jobs

21/01/2016(0)
The U.K. bank will shut regional cash equities operations, fully exit from Brazil, Russia, Taiwan and South Korea Barclays PLC Thursday said it would refocus its investment bank in the ... Read More
Broker Cyprus TopFX