Search Results for: Global share
What the OPEC Production Cut Will Really Mean for Oil Prices
December 1st, 2016
Crude oil prices–and the shares of U.S. oil and gas companies–surged over 8% Wednesday as the Organization of Petroleum Exporting Countries (OPEC) agreed to cut its output by some 1.2 million barrels a day to end a global glut. ...
Asia Stocks Rise Most in Three Weeks as Oil Hits $50, Bonds Drop
December 1st, 2016
U.S. oil climbs above $50, building on 9.3% gain on Wednesday Private jobs data adds to U.S. rate outlook before payrolls Asian equities rallied the most in three weeks as a deal to cut global oil output lifted energy ...
OPEC reportedly reaches agreement to cut oil production
November 30th, 2016
OPEC has reached a deal amongst all 14 member countries to curtail oil production for the first time since 2008, according to several media reports. Multiple media reports, citing unmanned sources which cannot be verified by CNBC, said member ...
International law firm merges with US firm
November 30th, 2016
On 3 January 2017 international law firm Holman Fenwick Willan (HFW) will be merging with leading US energy and marine firm Legge, Farrow, Kimmitt, McGrath & Brown LLP, based in Houston, Texas. The merger is a major strategic development ...
Playtech’s founder Teddy Sagi is selling part of his Playtech holdings
November 30th, 2016
Playtech plc (“Playtech,” or the “Company”) announced that it has been advised that Brickington Trading Limited (“Brickington”) is proposing to sell approximately 32.3 million ordinary shares in the Company (the “Placing Shares”) via an accelerated bookbuild through UBS Limited ...
The dollar climbed 0.4 percent to 112.78 yen
November 30th, 2016
Output pact under threat as day of Vienna meeting dawns Greenback climbs with Treasuries premium at nine-year high Oil held below $46 a barrel ahead of a make-or-break OPEC meeting on stabilizing the crude market, while the dollar headed ...
Asia stocks trim gains as liquidity fears jolt China markets
November 30th, 2016
Asian stocks tried to stabilize after a rocky November month drew to a close, but Wednesday’s session brought new anxieties as Chinese equities and commodities tanked amid worries that Beijing’s efforts to support its currency could squeeze liquidity. Analysts ...
Oil Retreats Below $47 Before OPEC Meeting as Metals Snap Rally
November 29th, 2016
Copper suffers in first loss for seven days; zinc, nickel down European stocks open lower with Italy focus; Asia shares mixed Oil retreated back below $47 as OPEC members failed to bridge their differences on production cuts, while a ...
US dollar rise may end soon, says top banker
November 28th, 2016
The dollar’s awe-inspiring ascent since Donald Trump’s surprise win in the US elections may soon come to an end because the greenback is starting to look overvalued compared to its battered peers, forecasts Mario Camara, the head of the ...
Trump’s election victory may boost Greek economy: Top Banker
November 28th, 2016
Trump’s election victory may boost Greek economy: Top Banker > Piraeus Bank chair George Handjinicolaou speaks in interview > Chairman declines to give timeframe for pending CEO pick Donald Trump’s election victory could spark spreading economic growth that lifts ...
