Search Results for: IG Group
Oil price heads to $55 despite expected output rise
December 6th, 2016
Russia and Saudi Arabia predicted to increase exports before agreed cuts start in January The oil price is powering on, adding to a 14 per cent advance since the middle of last week following the landmark deal from Opec ...
The Asia-Pacific FinTech landscape is witnessing unprecedented growth
December 5th, 2016
The Asia-Pacific Financial Technology (Fintech) landscape is witnessing unprecedented growth with Fintech solutions and services expected to gross more than US$70 billion in revenue by 2020, with a CAGR of 72.5 percent. Singapore, Hong Kong, and Sydney are innovation ...
The African Legal Awards 2016: who won what… and why
December 2nd, 2016
There was a party atmosphere at the Wanderers Club in Johannesburg as leading business lawyers gathered to celebrate the African Legal Awards. The event, staged by Legal Week in association with the Counsel Association of South Africa (CCASA), took ...
The first global exchange for virtual gaming products
December 2nd, 2016
Switex to create the first standardized and independent market for trading virtual game items Naga to manage Switex based on its technological leadership while Deutsche Börse Group to supply market expertise Hamburg-based FinTech firm Naga Group AG and Deutsche ...
Oil price rally likely short-lived as OPEC deal not enough to reduce glut
December 2nd, 2016
The oil price rally sparked by an OPEC-Russia deal to cut output is likely to be short-lived, say traders in Asia, because the agreement may only draw more supplies from storage tanks and more crude shipments from the United ...
Rolls-Royce cuts another 800 marine division jobs
December 1st, 2016
Rolls-Royce Holdings PLC RYCEY, +0.41% will reduce its marine division’s workforce by a further 800 as part of a plan to reduces losses at the unit. The British aircraft-engine maker said Thursday that this reflected the continuing weakness in ...
Oil prices surge, smash trading volume records as OPEC and Russia agree output cut
December 1st, 2016
Oil prices shot up 13 percent, smashing trading volume records, after OPEC and Russia cut a deal to reduce output to drain a global supply glut, but analysts warned they could remain modest by historical comparison as other producers ...
OPEC reportedly reaches agreement to cut oil production
November 30th, 2016
OPEC has reached a deal amongst all 14 member countries to curtail oil production for the first time since 2008, according to several media reports. Multiple media reports, citing unmanned sources which cannot be verified by CNBC, said member ...
BNP Paribas backs the growth of the PayCar FinTech
November 30th, 2016
Several of the Bank’s businesses are participating in the startup’s first funding round, for a total stake of €1.3 million The BNP Paribas Group, via its French Retail Banking; BNP Paribas Cardif and BNP Paribas Personal Finance businesses, is participating in the ...
The dollar climbed 0.4 percent to 112.78 yen
November 30th, 2016
Output pact under threat as day of Vienna meeting dawns Greenback climbs with Treasuries premium at nine-year high Oil held below $46 a barrel ahead of a make-or-break OPEC meeting on stabilizing the crude market, while the dollar headed ...
