Search Results for: Energy
Global law firm announces record number of partner promotions
April 20th, 2016
Global law firm Clyde & Co today announced the promotion of a record 16 new partners across its international network. This is an increase on last year, which reflects the firm’s strong financial performance and continued growth. This latest ...
Auditors face FTSE 350 concerns over cost of transition to new EU audit rules
April 19th, 2016
AUDITORS are facing deepening concerns from FTSE 350 businesses over the cost of transition to the new EU audit regulatory regime, research from EY has found. The rule, which imposes mandatory audit firm rotation and significant restrictions on non-audit services for EU ...
Kuwait oil strike to support Brent, Dubai, reduce fuel exports -analysts
April 18th, 2016
Kuwait oil outage supports Brent, Dubai Fuel exports to fall as Kuwait cuts refinery output A workers’ strike in Kuwait that has cut its crude output by more than 60 percent could support oil price benchmarks Brent and Dubai, ...
Broker’s XTB IPO to become the biggest IPO in Warsaw
April 18th, 2016
Trump, Brexit Swings to Benefit Polish Broker XTB Starting IPO XTB founder says global volatility may boost broker’s results Share sale of up to $56 million is biggest Warsaw IPO in year X-Trade Brokers Dom Maklerski SA, central and ...
Oil Plunges After Output Talks Fail Amid Saudi Demands Over Iran
April 18th, 2016
No Doha deal as Saudi insists all OPEC members must join Russia says it was surprised by some nations changing position Oil tumbled by the most in two months after output talks Sunday between the world’s biggest producers ended without any ...
Tame U.S. inflation supports Fed’s cautious rate policy
April 15th, 2016
U.S. consumer prices barely rose in March and underlying inflation slowed, suggesting little urgency for a cautious Federal Reserve to raise interest rates in the near term. The benign inflation backdrop is prevailing despite tightening labor market conditions, underscored ...
CME traders say chances of April interest rate hike are zero
April 15th, 2016
While the chances had been low, traders now believe there is absolutely no possibility of a Fed rate hike in April. The probability went to zero Thursday morning after two days’ worth of data showed that the economy is ...
€4.5mn contract for Bulgaria-Romania gas pipeline
April 14th, 2016
Austrian engineering firm Habau last week signed a €4.5mn contract for building a section of the Bulgaria-Romania gas pipeline under the Danube river. The deal was signed in Sofia by the transmission system operators of Bulgaria and Romania: Bulgartransgaz and Transgaz and Habau ...
Russia Says Oil-Freeze Deal Could Go Ahead Without Iran
April 14th, 2016
Comments come ahead of meeting between major oil-producing nations in Qatar on Sunday Russian Energy Minister Alexander Novak said Wednesday that an agreement on freezing oil production could be reached between oil-producing countries without the participation of Iran, Tass ...
Elliott Wave Analysis On USD Index And EURUSD
April 14th, 2016
USD Index The USD index is trading higher as EUR, GBP, CHF and JPY trades down against the USD, based on bearish reversal on US Treasury notes. However, commodity currencies are still doing well and we guess it has ...