Search Results for: ICE
OPEC Says Weak Oil Prices to Curb Output
January 19th, 2016
Cartel forecasts non-OPEC output to decline this year Oil prices remained below $30 a barrel Monday but the Organization of the Petroleum Exporting Countries flagged the potential for a recovery, saying the market would start to rebalance this year as weak ...
Falling oil prices: How are countries being affected?
January 19th, 2016
Oil prices have fallen to their lowest level since 2003, sinking below $28 a barrel before recovering slightly on Monday. Analysts say the drop has been driven by oversupply, coupled with a fall in demand because of a slowdown ...
How low gold prices affect jewelry sales
January 18th, 2016
Declining gold prices boosts jewelry sales Low gold prices have boosted sales in Saudi markets despite recent global fluctuations in its value. Riyadh and Makkah registered the highest levels of sales in this regard, followed by the Eastern Province ...
Key findings of CBI/PwC survey of 100 financial services firms
January 18th, 2016
Profitability remains strong as Financial Services firms focus on costs, says CBI/PwC poll Overseas level of business below normal, quarterly survey finds Growth in business volumes picked up more strongly than expected in the three months to December ...
Monday, January 18: OSB Commodities & Equity Indices Cheat Sheet & Key Levels
January 18th, 2016
OSB Commodities & Equity Indices Cheat Sheet & Key Levels for January 18. Gold Open 1079.20, High 1097.50, Low 1076.00, Close 1090.70, 1.59% Changed. Silver Open 13.85, High 14.14…View table below
Twitter sued by U.S. widow for giving voice to Islamic State
January 15th, 2016
Twitter Inc (TWTR.N) is being sued by the widow of an American killed in Jordan who accuses the social media company of giving a voice to Islamic State, adding to the pressure to crack down on online propaganda linked ...
Friday, January 15: OSB Commodities & Equity Indices Cheat Sheet & Key Levels
January 15th, 2016
OSB Commodities & Equity Indices Cheat Sheet & Key Levels for January 15. Gold Open 1093.60, High 1095.40, Low 1071.10, Close 1073.60, -1.24% Changed. Silver Open 14.18, High 14.19…View table below
Oil price plunge: Risks and rewards
January 15th, 2016
Just over four years ago, the United States and Europe sanctioned the sale of Iranian oil in an effort to curb Tehran’s nuclear program. Oil was trading at $110 per barrel, and Obama administration officials fretted about how to ...
SEC Charges 11 Bank Officers and Directors With Fraud
January 14th, 2016
The Securities and Exchange Commission today announced fraud charges against 11 former executives and board members at Superior Bank and its holding company involved in various schemes to conceal the extent of loan losses as the bank was faltering ...
War Between Saudi Arabia And Iran Could Send Oil Prices To $250
January 14th, 2016
The rift between Saudi Arabia and Iran has quickly ballooned into the worst conflict in decades between the two countries. The back-and-forth escalation quickly turned the simmering tension into an overt struggle for power in the Middle East. First, ...
