France’s Credit Agricole Private Banking is advising its clients to add the Chinese yuan to their portfolios as the world’s second-largest economy looks to further liberalise its currency. High ... Read More
Saudi Arabia will remain a favoured destination for private equity investment in the coming years in spite of volatile oil prices and instability in neighbouring Yemen, investment professionals said ... Read More
Oil held below $60 in New York as a Chinese manufacturing gauge weakened in April, signaling fuel demand is slowing in the world’s biggest energy consumer. Futures in New ... Read More
Underlying replacement cost profit 20% down on year earlier, 15% higher than previous quarter Focus on rebalancing BP – resetting capital expenditure, managing cost, delivering divestments BP today reported ... Read More
The Dubai Financial Market, the UAE’s biggest stock exchange, said its first quarter profit slid 69 per cent as investor concerns over oil prices dampened trading volumes. The DFM, which ... Read More
Brent crude oil hit 2015 highs above $63 per barrel on Thursday after a rally of more than 5 percent the previous session and analysts said more price rises were likely ... Read More
When oil prices fell out of bed last winter there was much hand-wringing over the fate of the former beneficiaries of high-priced crude. Trillions of dollars of junk bonds ... Read More
Wall Street edged lower on Monday after two consecutive weeks of gains as fears increased that the strong dollar and lower oil prices will hurt US first-quarter earnings. The ... Read More
The upstream oil and gas industry is not a black hole. There’s no mystery wrapped in an enigma here. There are a lot of meetings with engineers, chemists and ... Read More
Central bankers unable to cut interest rates are failing to turbocharge the effect of declining oil prices. Economists at Oxford Economics Ltd., a U.K.-based research group, say policy makers ... Read More
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