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Markit to acquire CoreOne Technologies
August 12th, 2015
Strengthens Markit’s regulatory reporting, index management and data management services; extends its capabilities into prime brokerage Markit (Nasdaq: MRKT), a provider of financial information services, today announced that it has agreed to acquire CoreOne Technologies, a global leading provider ...
IEA Sees Oil Glut Enduring in 2016 After Reaching 17-Year High
August 12th, 2015
The global oil glut will last through next year as surging demand and faltering supply growth fail to clear the surplus, according to the International Energy Agency. Record inventories will expand further even as consumption climbs by the most ...
Investors Welcome Newly Released World Bank Green Bond Impact Report
August 12th, 2015
STORY HIGHLIGHTS The first World Bank (IBRD) Green Bond Impact Report provides an overview of the environmental and social impacts expected from eligible projects that help World Bank client countries adapt to and mitigate the effects of climate change. ...
The Availability and Price of Petroleum and Petroleum Products Produced in Countries Other Than Iran
August 12th, 2015
June – July 2015 Update The U.S. Energy Information Administration (EIA) estimates that global oil inventories grew by an average of 2.5 million barrels per day (b/d) in June and July, sharply exceeding the 0.4 million b/d build during ...
Bank of Russia Gets Putin’s Praise, Opts for Verbal Intervention
August 10th, 2015
Russian President Vladimir Putin commended the central bank for its efforts to keep the ruble stable after policy makers called for calm as the currency headed for a six-month low. “The central bank is doing a lot to strengthen ...
Suez Canal Upgrade May Not Ease Egypt’s Economic Journey
August 7th, 2015
“Egypt Rejoices,” the television networks and newspapers declared, announcing “Egypt’s gift to the world.” Businesses were closed, the streets of Cairo were empty, and the airwaves were full of patriotic songs and music videos — all featuring adoring images of ...
FXCM Inc. Announces Second Quarter 2015 Results
August 7th, 2015
Second Quarter 2015 Highlights: U.S. GAAP revenues from continuing operations of $60.5 million U.S. GAAP net loss attributable to FXCM Inc. from continuing operations of $98.9 million or $2.03 per fully diluted share U.S. GAAP revenues from discontinued operations of $21.5 million U.S. GAAP net income attributable ...
Greece: Greek bank stocks soar – Greece makes loan interest payment to IMF
August 7th, 2015
What you should know for Greece today: Bank stocks led a much-needed Greek bourse rebound on Thursday, making up some of the ground lost in the first three sessions since the market reopened. However, traders viewed the recovery more ...
This Precious Metal Needs a Silver Bullet
August 6th, 2015
In the past 12 months alone, the benchmark silver-futures contract has declined 27% Once prized as a precious metal that could be put to practical use, silver is now getting the worst of both worlds. Like gold, silver has ...
Gulf markets edge up on Q2 results, firmer oil
August 6th, 2015
Most Gulf stock markets edged up early on Wednesday as Brent oil climbed back above $50 per barrel and shares in DAMAC soared after the Dubai developer reported a more than tripling in its quarterly profit. Dubai’s stock index ...
