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Showing posts with label markets. Show all posts
Showing posts with label markets. Show all posts
Wednesday 28 January 2015
Greek PM Tsipras pledges radical change, markets tumble
Ετικέτες
debts,
European Union,
Germany,
Greece,
IMF,
loans,
markets,
privatisations
Sunday 21 December 2014
Economic slump in Russia to wield telling impact on Germany companies
Economic slump in Russia poses an increasingly serious threat to the German companies operating in that country, the President of the Association of German Chambers of Commerce and Industry (DIHK), Dr. Volker Treier said in an interview published by Bild am Sonntag newspaper.
The crisis in the Russian economy is putting an increasingly bigger brake on the business operations of German companies in Russia, Dr. Treier said, adding their activities were suffering in the first place from the falling exchange rate of the ruble.
The crisis in the Russian economy is putting an increasingly bigger brake on the business operations of German companies in Russia, Dr. Treier said, adding their activities were suffering in the first place from the falling exchange rate of the ruble.
Thursday 27 November 2014
Oil prices sink as OPEC rejects output cut
Oil prices sunk to fresh four-year lows on Thursday, with New York
crude plunging below $70 a barrel, after OPEC decided against cutting
output despite a huge oversupply in world markets.
At about 16:10 GMT, West Texas Intermediate for January delivery struck $69.11 per barrel -- last seen on May 25, 2010. Brent North Sea crude for January hit $72.74, a level last witnessed on July 7, 2010.
Asked whether the oil OPEC had decided not to reduce production, Saudi Arabian Oil Minister Ali al-Naimi told reporters in Vienna: “That is right.”
At about 16:10 GMT, West Texas Intermediate for January delivery struck $69.11 per barrel -- last seen on May 25, 2010. Brent North Sea crude for January hit $72.74, a level last witnessed on July 7, 2010.
Asked whether the oil OPEC had decided not to reduce production, Saudi Arabian Oil Minister Ali al-Naimi told reporters in Vienna: “That is right.”
Ετικέτες
Arabia Saudita,
markets,
Oil,
OPEC,
prices
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