market news

russia

Sanctions against Russia have cost European Union €30bn

09/10/2017(0)
New research by the Austrian Institute of Economic Research (WIFO) suggests the EU’s economic sanctions against Russia introduced three years ago have cost European countries billions of euro. The survey, ... Read More
interest-rates

The upcoming increase in interest rates

06/10/2017(0)
  Last week, both Janet Yellen of the Fed and Mark Carney of the Bank of England prepared financial markets for interest rate increases. The working assumption should be ... Read More
europe-countries-flags

Business investment rate up to 23.2% in the euro area

06/10/2017(0)
In the second quarter of 2017, the business investment rate was 23.2% in the euro area, compared with 22.9% in the previous quarter. The business profit share in the ... Read More
ship oil

Venezuela suggests global oil trade in Russian ruble & Chinese yuan

05/10/2017(0)
The President of Venezuela Nicolas Maduro has proposed oil producing countries should discuss creating a currency basket for trading crude and refined products. “Developing a new mechanism of controlling ... Read More
Crude oil drips from a valve at an oil well operated by Venezuela's state oil company PDVSA, in the oil rich Orinoco belt, near Morichal at the state of Monagas

U.S. oil prices dips below $50

04/10/2017(0)
Oil prices eased on Wednesday, with U.S. crude dipping below $50 per barrel, pulled down by caution that a rally that lasted for most of the third quarter would ... Read More
Monarch airlines

UK’s Monarch Airlines goes bust, leaving hundreds of thousands of travelers in limbo

03/10/2017(0)
In the biggest peacetime repatriation, around 110,000 passengers will be brought back home, following the collapse of Britain’s Monarch Airlines. One of the oldest UK airlines’ ceased operations on ... Read More
A pumpjack drills for oil in the Monterey Shale

Oil prices lower after strong third quarter

02/10/2017(0)
Oil prices fell on Monday, pausing for breath after posting gains of as much as 20 percent in the third quarter, after a survey pointed to a slight increase ... Read More
European-Stocks

Europe Stocks Ready to Outpace Wall Street

29/09/2017(0)
Euro-area stocks may be ready to get back at Wall Street. The rallying euro damped gains in the region’s stocks, which underperformed this year versus the S&P 500 index ... Read More
chubb limited

The world’s largest publicly traded property and casualty insurer announced losses for Hurricanes

28/09/2017(0)
Chubb Limited (NYSE: CB) announced preliminary loss estimates in the third quarter of 2017 attributable to Hurricanes Harvey and Irma, which impacted Texas, Florida, other southeastern states and the ... Read More
A padlock is displayed at the Alert Logic booth during the 2016 Black Hat cyber-security conference in Las Vegas

Deloitte cyber-attack: Is your firm safe?

27/09/2017(0)
Cybersecurity is a pervasive issue in the digital age, and no organisation is completely risk-free. So how did this happen to Deloitte, and how can firms protect their data ... Read More
Broker Cyprus TopFX