Search Results for: EU
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 ...
Inside Takata, tantrums, but little sense of crisis over air bags
December 1st, 2014
Shigehisa Takada, the third-generation head of Takata Corp, shows little sense of the crisis engulfing the Japanese air bag maker at the center of one of the auto industry’s biggest safety recalls, according to three people who have met ...
Commodities Retreat to Five-Year Low as Oil Tumbles With Bullion
December 1st, 2014
Commodities fell to the lowest in five years as oil sank on prospects for a glut, gold fell after Swiss voters rejected a move to force the central bank to buy bullion and data from China confirmed a slowdown ...
Monday December 1: OSB Daily Technical Analysis – Currency pairs
December 1st, 2014
OSB Daily Technical Analysis for December 1, 2014 Market finding the 1.25 handle too resistive suggesting weakness and lack of bullish momentum. A clean close above needed for the pair to have any hope of seeing any buying interest ...
Technical Analysis: Currency pairs – Dec 01
December 1st, 2014
Technical Analysis for December 01, 2014 EUR/USD is tried to target 1.25 but eventually retraced lower again. Currently EUR/USD is entering a sideways around 1.24-1.25 and will keep moving in this trading range. A break lower under 1.24 will ...
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 ...
India: Government plans to cut stake in state lenders to raise $14.4 billion
November 28th, 2014
The government plans to raise about 891.2 billion rupees ($14.4 billion) by reducing its stakes in state-run banks to 52 percent, the junior finance minister said on Friday, sending shares of state lenders higher. The government holds stakes ranging ...
Friday November 28: OSB Daily Technical Analysis – Currency pairs
November 28th, 2014
OSB Daily Technical Analysis for November 28, 2014 Strong resistance in the 1.2520 area pushed EURUSD lower on the day. Limited upside potential for the pair which is rather berish on all time frames. Range bound action with a ...
Goldman, BASF, HSBC accused of metals price fixing: U.S. lawsuit
November 28th, 2014
Goldman Sachs Group Inc (GS.N), Germany’s BASF(BASFn.DE) and two other big platinum and palladium dealers have been sued in the United States in what the plaintiff’s law firm called the first nationwide class action over alleged price-fixing of the metals. In a ...
