Saudi Arabia on Sunday cut its oil prices to Europe, signaling mounting competition after OPEC failed to cap its output amid Iran’s exports ramp up. In an email sent ... Read More
The euro is still a very young currency. When watching the struggles of the European Union over the the euro, it’s worth remembering that it too the US dollar ... Read More
Below is a list of the biggest stock exchanges in the world. New York Stock Exchange is first on the list with a Market cap of $13.4 trillion. With ... Read More
Beginning in 2010, central banks around the world turned from being net sellers of gold to net buyers of gold. Last year they collectively added 483 tonnes—the second largest ... Read More
Eurozone finance ministers have agreed to extend further bailout loans to Greece as well as debt relief, in what they call a “major breakthrough”. After late-night talks in Brussels, ... Read More
The dollar stood tall and set a three-week high against the yen on Thursday, after the minutes of the U.S. Federal Reserve’s latest policy meeting rekindled expectations for a ... Read More
Fed presidents said that at least two hikes may be warranted Burberry retreats after reporting drop in annual earnings Banks propelled a rebound in European stocks, while investors weighed ... Read More
Facebook revenue smashes expectations as mobile ad sales surge Facebook Inc’s (FB.O) quarterly revenue rose more than 50 percent, handily beating Wall Street expectations as its wildly popular mobile ... Read More
Saudi Arabia looks to mid-market to boost tourism The hospitality industry in Saudi Arabia is witnessing a shift towards the development of mid-range hotels in 2016, according to a ... Read More
Central European manufacturing continued to grow in March as a jump in Polish factory activity managed to offset slower growth from Germany, the region’s main trade partner. The former ... Read More
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