market news

Jack Ma, executive chairman of Alibaba Group,

Alibaba’s founder predicts in 30yrs people will work 4 hours a day

23/06/2017(0)
People will work much less three decades from now, according to Jack Ma, the founder of Chinese e-commerce giant Alibaba. “People only work four hours a day and ... Read More
Oil_well

Oil prices rose on Thursday

22/06/2017(0)
Oil prices climb off 10-month lows as U.S. stockpiles drop Oil prices rose on Thursday after U.S. crude and gasoline stockpiles fell, but worries over whether OPEC-led output cuts ... Read More
Uber

Uber founder Travis Kalanick resigns as C.E.O.

21/06/2017(0)
Travis Kalanick stepped down Tuesday as chief executive of Uber, the ride-hailing service that he helped found in 2009 and that he built into a transportation colossus, after a ... Read More
wheat

Wheat futures renew rally, amid fresh worries over EU, US dryness

20/06/2017(0)
Spring wheat futures soared to a fresh two-year high, with prices strong in other wheat markets too, after US officials surprised investors by again cutting the condition rating on ... Read More
A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport

Oil prices hold near seven-month lows

20/06/2017(0)
Oil prices held around seven-month lows on Tuesday as investors focused on persistent signs of rising supply that are undermining attempts by OPEC and other producers to support prices. Brent ... Read More
A pumpjack drills for oil in the Monterey Shale

What Traders said is the main factor driving oil prices lower?

19/06/2017(0)
Oil prices dip on further rise in U.S. drilling, demand slowdown Oil prices dipped on Monday, weighed down by a continuing expansion in U.S. drilling that has helped to ... Read More
Brent Crude Oil

Oil prices down to near their lowest levels in seven months

15/06/2017(0)
Oil prices wallowed near their lowest levels in seven months early on Thursday, hurt by high global inventories and doubts over OPEC’s ability to implement production cuts. Brent crude ... Read More
Oil barel fill

Oil prices edges up on Saudi pledge to make real supply cuts

13/06/2017(0)
Oil prices edged up early on Tuesday, lifted by statements that OPEC-leader Saudi Arabia was making significant supply cuts to customers, although rising U.S. output meant that markets remain ... Read More
oil markets

Russia, Saudis See Oil Inventories Falling After Price Drop

12/06/2017(0)
Market to be balanced in first quarter of 2018: Russia’s Novak Saudi minister sees stockpiles falling faster in coming months A deal among oil-producing countries to curb production and ... Read More
A pumpjack drills for oil in the Monterey Shale

Oil prices pinned down by strong dollar, supply worries

09/06/2017(0)
Oil prices were little changed on Friday, clawing back earlier declines, amid a variety of market impacts including a rising dollar as returns from the U.K election came in ... Read More
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