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Oil prices stable as brimming storage counters supply disruptions

May 10th, 2016 (0)
Oil prices were steady on Tuesday as brimming inventories and a looming refined products glut offset supply disruptions in Canada and elsewhere that have taken more than 2 million barrels a day of production out of the market. International ...

Honda to recall 20 million cars

May 9th, 2016 (0)
Honda Motor will recall an additional 20 million Takata-made airbags globally, a newspaper said , in a widening scandal that has led to the biggest auto recall in US history. Tokyo-based auto parts giant Takata is struggling to deal ...

T-TIP: Salvation or trash-tip?

May 9th, 2016 (0)
President Obama weighed into the Brexit debate on his recent visit to the UK, saying that if Britain left the EU, she would be at the back of the queue when it comes to a free trade agreement. If ...

Oil prices dip as strong dollar outweighs supply disruptions

May 6th, 2016 (0)
Oil prices fell on Friday, dragged down by a surging dollar and sliding Chinese commodities which at least temporarily outweighed crude supply disruptions in Canada as a result of a massive wildfire threatening its huge oil sands operations. The ...

South Korea offers 25 billion USD investment package to Iran

May 5th, 2016 (0)
South Korean President Park Geun-hye offered 25 billion U.S. dollars aid for infrastructure investment in Iran, Petro Energy Information Network (SHANA) reported on Wednesday. According to its 6th Development Plan, Iran wants to invest 185 billion U.S. dollars in ...

FSMA added new companies on its list of unauthorised investment firms in Belgium

May 5th, 2016 (0)
The Financial Services and Markets Authority (FSMA) has issued an announcement to inform that the Authority has updated its list of providers of/intermediaries in binary options and forex products, “recovery rooms” and “boiler rooms”, all operating unlawfully in Belgium. Below is ...

Taking the petro out of the dollar

May 4th, 2016 (0)
Saudi Arabia has been in the news recently for several interconnected reasons. Underlying it all is a spendthrift country that is rapidly becoming insolvent. While the House of Saud remains strongly resistant to change, a mixture of reality and ...

International law firm to launch a practice in Dubai

May 4th, 2016 (0)
Withers continues its international expansion with a deal to launch a practice in Dubai with the hire of EY’s Middle East and North Africa (MENA) private client chief Stijn Janssen. The office will be located in the Dubai International ...

Thomson Reuters Reports First-Quarter 2016 Results

April 27th, 2016 (0)
Thomson Reuters (TSX / NYSE: TRI) today reported results for the first quarter ended March 31, 2016. The company also re-affirmed its 2016 full-year outlook. Reported revenues declined 1%. Before currency, revenues grew 1% Excluding recoveries, revenues increased 2% ...

Artificial Intelligence seen as opportunity and threat by financial services sector

April 26th, 2016 (0)
New global survey reveals tensions between optimism and unease Majority believe AI and other fintech will make financial markets more competitive by 2018 But more than three-quarters say regulators are unable to keep pace with changing technology Sixty percent ...
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