Search Results for: Arab
Something Huge Is Coming From Japan
July 4th, 2016
Pretend, for a minute, that your country responds to the bursting of a credit bubble by borrowing unprecedented amounts of money and using it to prop up banks and construction companies. This doesn’t work, so you create record amounts ...
US energy secretary sees oil market coming into balance
July 1st, 2016
The U.S. energy secretary said Friday he sees the global oil market coming into balance over the next year as rising demand catches up with a two-year-old supply glut that depressed prices. Ernest Moniz said supplies should be adequate ...
Brexit, the E.U. and the “Special Relationship” of the U.S./U.K.
June 30th, 2016
Any clique in the E.U. that thinks the U.S. will sit idly by while they “punish” the U.K. had better recalibrate their core interests and the potential for blowback. One constant in a fast-shifting global chess board is the ...
International law firm Watson Farley & Williams’ announced annual revenue up 5%
June 29th, 2016
International law firm Watson Farley & Williams’ (“WFW”) financial results for 2015/16 demonstrate another solid performance for the firm, with global turnover to April 2016 reaching £131.2m. This puts the firm five percent ahead of the comparable figure for ...
Europe expected to pause after strong gains
June 21st, 2016
European stocks traded slightly lower on Tuesday, taking a breather after sharp gains seen in the previous session following polls that allayed fears of a Brexit. The pan-European STOXX 600 was down 0.13 percent with major bourses and sectors pointing in ...
Oberthur Technologies and Swatch announced key partnership for contactless payments
June 17th, 2016
OT (Oberthur Technologies), a leading global provider of embedded security software products and services, announces a key partnership with Swatch, the renowned Swiss watchmaker and one of the world’s most popular brands, to provide contactless payment to customers in ...
Oil Pares Biggest Weekly Drop Since April as Dollar Extends Fall
June 17th, 2016
ConocoPhillips restarts oil-sands wells after Canada wildfires Russia sees no need to cooperate on influencing crude markets Oil pared the biggest weekly decline in more than two months as the dollar extended its retreat, increasing the appeal of commodities ...
UAE businessman pays out £3.4m for number plate ‘1’
June 16th, 2016
After successful auction bid of 18 times reserve price, Arif Ahmed al-Zarouni says: ‘My ambition is always to be number one’ A car registration plate bearing just the number one fetched AED 18m (£3.4m) at auction in the United Arab ...
How far UK pound is expected to crash after a Brexit: Goldman Sachs
June 16th, 2016
Brexit could trigger a huge sell-off in the pound, sending the currency down by as much as 11% against a basket of the world’s most important currencies, according to new research from Goldman Sachs released late on Wednesday. Goldman ...
Turnover at Deutsche Börse’s cash markets at 103.8 billion euros in May
June 7th, 2016
Deutsche Börse Cash Market: Order book turnover on Xetra, Börse Frankfurt and Tradegate Exchange across all asset classes stood at €103.8 billion in May (May 2015: €125.6 billion). Of the €103.8 billion, €96.1 billion were attributable to Xetra (May 2015: ...