Search Results for: Energy
Oil Holds Below $60 as China Manufacturing Shows Slowing Demand
May 4th, 2015
Oil held below $60 in New York as a Chinese manufacturing gauge weakened in April, signaling fuel demand is slowing in the world’s biggest energy consumer. Futures in New York rose 0.1 percent after falling 0.8 percent on Friday. ...
Euro area annual inflation up to 0.0%
April 30th, 2015
Euro area(1) annual inflation(2) is expected to be 0.0% in April 2015, up from -0.1% in March(3) , according to a flash estimate(4) from Eurostat, the statistical office of the European Union. Looking at the main components of euro ...
Federal Reserve issues FOMC statement
April 30th, 2015
Information received since the Federal Open Market Committee met in March suggests that economic growth slowed during the winter months, in part reflecting transitory factors. The pace of job gains moderated, and the unemployment rate remained steady. A range ...
Cyprus, Greece, Egypt agree to boost economic and political cooperation
April 29th, 2015
The leaders of Cyprus, Greece and Egypt agreed on Wednesday to augment economic and political cooperation among their respective nations, underlining their commitment to peace and stability in a troubled region. “Today we have reaffirmed that the trilateral dialogue ...
Tripartite summit to discuss regional issues, oil and gas
April 29th, 2015
The heads of state of Cyprus, Greece and Egypt hold talks on the island on Wednesday, followed by a tripartite summit and the signing of the ‘Nicosia Declaration’, a document expanding and building on the ‘Cairo Declaration’ concluded among ...
Greek PM A. Tsipras met with voters in jumbo interview (Video)
April 28th, 2015
Greek Prime Minister A. Tsipras’ interview ran from 11.30 p.m. through to 2.36 a.m. and involved him directly answering voters’ questions Greek Prime Minister Alexis Tsipras appeared confident that an “interim agreement” would be agreed upon with Greece’s partners ...
Shell lobbied to undermine EU renewables targets, documents reveal
April 28th, 2015
Weak renewable energy goals for 2030 originated with Shell pitch for gas as a key technology for Europe to cut its carbon emissions in an affordable way Shell successfully lobbied to undermine European renewable energy targets ahead of a ...
Asian markets tepid ahead of major earnings, Fed meeting
April 28th, 2015
Asian stock markets were lukewarm Tuesday, taking a cue from losses on Wall Street ahead of earnings from major Asian companies and the Federal Reserve’s policy meeting. KEEPING SCORE: Japan’s Nikkei 225 outperformed the region, gaining 0.5 percent to ...
European Investment Bank rolls out the Investmet Plan for Europe
April 23rd, 2015
The first projects and transactions earmarked for benefitting from an EU budget guarantee under the European Fund for Strategic Investments (EFSI) have been approved by the Boards of the European Investment Bank (EIB) and the European Investment Fund (EIF) ...
Lifting potential growth in the euro area
April 23rd, 2015
Speech by Peter Praet, Member of the Executive Board of the ECB, at the Welt-Währungskonferenz Potential growth and monetary policy The euro area economy seems now to be turning the corner. Both the hard and soft data suggest that ...
