Search Results for: Thomson Reuters
Oil clings to gains as stockpiles rise for seventh week
February 24th, 2017
Oil prices held gains on Friday on data showing U.S. stockpiles rose for a seventh straight week but at a pace that was well below expectations, and news of oil being sold out of storage in Southeast Asia. U.S. ...
Oil firms as OPEC floats extended output cut; markets still bloated
February 17th, 2017
Oil prices edged up on Friday, lifted by a report that producer club OPEC could extend an output cut aimed at reining in a global fuel supply overhang. Brent crude futures were trading at $55.76 per barrel at 0311 ...
Gulf markets rise in early trade, Kuwait continues bull run
January 23rd, 2017
Gulf stock markets mostly rose in early trade on Monday with Kuwait continuing a bull run that has made it by far the region’s best-performing bourse this year. The Kuwaiti index, which rose 15.6 per cent between the end ...
Oil prices edge up on reports of Saudi supply cuts, but details murky
January 11th, 2017
Oil edged up on Wednesday, lifted by reports of Saudi supply cuts to Asia, but gains were capped by a lack of detail about the reductions and because of signs of rising supplies from other producers. Prices for Brent ...
The dollar stepped further away from a 14-year peak against a basket of currencies
January 5th, 2017
The dollar stepped further away from a 14-year peak against a basket of currencies on Thursday, as investors locked in gains from its two-month-old rally after Donald Trump won the U.S. presidential election. The dollar had soared on Trump’s ...
Banking Giants Set to Invest in R3-Rival & Blockchain Startup Axoni
December 20th, 2016
US banking giants Goldman Sachs and JPMorgan Chase are leading a number of other financial institutions to invest in blockchain startup Axoni, a report has revealed. According to Reuters, the banks are looking to invest between $15 to $20 million in ...
Asia stocks trim gains as liquidity fears jolt China markets
November 30th, 2016
Asian stocks tried to stabilize after a rocky November month drew to a close, but Wednesday’s session brought new anxieties as Chinese equities and commodities tanked amid worries that Beijing’s efforts to support its currency could squeeze liquidity. Analysts ...
Bats Europe Expands Reach of New UK Indices
November 17th, 2016
Bats Europe (Bats), the region’s largest stock exchange operator, today announced that data for its UK-focused indices, which were launched this summer, is available via the following leading market data providers: Boerse Stuttgart Bloomberg Bloomberg PolarLake FactSet FE (Financial ...
Gold sees biggest rally since Brexit as Trump leads White House race
November 9th, 2016
Gold jumped nearly 5 percent on Wednesday to its strongest in six weeks as investors sought safe havens after Republican Donald Trump rattled markets by leading Democrat Hillary Clinton in the race for the White House. It marked gold’s ...
FTSE-100 sets aside billions for legal bills
September 26th, 2016
Top UK-listed companies under intense regulatory scrutiny are setting aside more cash than ever before for anticipated legal bills, according to latest research. Thomson Reuters says FTSE 100 companies set aside £31.3bn last year – up nearly £6bn on ...
