Search Results for: europe
Gold Retreats From Five-Week High on Outlook for Stronger Dollar
December 2nd, 2014
Gold retreated after the biggest one-day rally in more than a year as investors weighed the outlook for a stronger dollar against a rebound in oil prices. Silver, platinum and palladium dropped. Bullion for immediate delivery declined as much ...
Dollar’s Strongest Rally in Six Years Stalls Before Jobs Report
December 2nd, 2014
The dollar’s strongest annual rally in six years stalled amid speculation the currency’s advance has been too rapid before U.S. data tomorrow forecast to show job growth slowed. Australia’s currency rebounded from near the weakest in four years after ...
UK passes tough new transparency law for oil, gas and mining companies
December 1st, 2014
A historic law came into force in the UK today that will help fight poverty and corruption in resource-rich but poor countries said Global Witness, which has been campaigning for such measures for over 16 years. The new rules ...
Dollar Rises to 7-Year High Versus Yen on Economy; Aussie Slides
December 1st, 2014
The dollar rose to a seven-year high versus the yen before data forecast to show U.S. manufacturing outpaced global peers, reinforcing the outlook for higher interest rates in the world’s largest economy. The greenback extended gains against the currencies of commodity-producing ...
Cyprus Airways through the eyes of potential investors
November 28th, 2014
The sale process of Cyprus Airways (CAIR) has been put on hold waiting for the results of the European Commission investigation on the legality of the aid package of EUR 103m, which was provided by the Cyprus government to ...
Dollar Advances as OPEC Output Freeze Seen Hurting Euro, Aussie
November 28th, 2014
The dollar strengthened on speculation lower crude prices after OPEC’s decision to keep oil output unchanged will stimulate the U.S. economy while weighing on the euro and currencies of commodity-producing nations. The greenback rose against all but one of ...
UK’s first Shari’ah-compliant Seed Enterprise Investment Scheme (SEIS)
November 28th, 2014
IFAAS, the international Islamic finance consultancy and Portillion Capital have launched the UK’s first Shariah compliant Seed Enterprise Investment Scheme fund. The Portillion Capital Shariah Compliant SEIS Fund (SEIS Fund) is available to investors immediately; however, the first tranche ...
Oil prices crash below $70
November 28th, 2014
Oil prices came crashing down Thursday to trade below $70 per barrel after OPEC announced it was leaving oil production levels unchanged. WTI crude trading in the U.S. fell by roughly 7% to just below $69 — a level ...
EU’s Juncker survives no-confidence vote over tax deals
November 28th, 2014
The European Commission’s new president, Jean-Claude Juncker, comfortably survived a no-confidence vote on Thursday brought over news that Luxembourg had lured multinational businesses with super low tax rates during his period as prime minister. The censure motion in the ...
Yen Falls Toward Seven-Year Low as Spending Slides; Aussie Drops
November 28th, 2014
The yen tumbled toward a seven-year low and two-year Japanese government bond yields slid below zero after data showed household spending fell and inflation slowed. The yen headed for a monthly loss of at least 1.6 percent against all ...
