The fall in oil prices has been a “net good” for the economy, Bank of England deputy governor Ben Broadbent has said. He told BBC Radio 5live’s Wake Up ... Read More
Asian markets came under pressure on Friday, despite a positive finish on Wall Street overnight, as a newly weaker dollar brought fresh concerns. “The U.S. dollar basket has lost ... Read More
The European Commission has issued a press release to inform regarding Winter 2016 Economic Forecast; Weathering new challenges The European economy is now entering its fourth year of recovery and ... Read More
Credit Suisse reported Group FY2015 pre-tax loss of CHF 2,422 million and 4Q15 pre-tax loss of CHF 6,441 million, including substantial charges which are not reflective of our underlying ... Read More
UK in the EU: MEPs debate proposed reforms ahead of referendum What will the UK’s future in Europe be like? The day after European Council President Donald Tusk proposed ... Read More
U.S. stocks staged a late-day rally on Wednesday as an 8-percent jump in oil prices lifted beaten-down energy shares and financials rebounded. The Nasdaq stayed weaker but ended well ... Read More
The international energy companies ExxonMobil and BP have issued press releases to publish their full Year and 4Q Results. ExxonMobil ExxonMobil Earns $16.2 Billion in 2015; $2.8 Billion During ... Read More
WTI seen averaging near $46 a barrel in Q4; Brent at about $48 U.S. sees domestic oil output falling by 620,000 barrels a day Oil bulls distressed that last ... Read More
UBS has issued a press release to make publish its fourth-quarter 2015 results. According to UBS: UBS 2015 net profit up 79% to CHF 6.2 billion Fourth-quarter net profit ... Read More
Asian stocks traded sharply lower on Wednesday, after Wall Street sold off as much as 2 percent overnight amid a plunge in oil prices. Japan’s Nikkei 225 dropped 3.36 ... Read More
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