Tentative Oil Price Recovery Lifts Energy Stocks
World stocks were poised to eke out slim gains for the week on Friday as a tentative recovery in oil…
Category: BUSINESS
Statistics on Drop of Agriculture Products in First Quarter
Department of Census and Statistics has Taken a Census in the Agriculture Sector. It revealed a drop of 3.2%…
Asian Stocks Rise as Oil Tries to Claw up From 10-Month low
Asian stocks advanced on Thursday as oil prices struggled to climb off a 10-month low hit overnight on concerns over…
Iraq Beats Saudis to Become Oil King in Fastest-Growing Market
Iraq is gaining the edge over Saudi Arabia in the world’s fastest-growing oil consumer amid an intensifying race among producers…
Opening a Foreign Currency Account in SL Banks with USD500,000 or Equivalent
The government of Srilanka is reported to have been preparing legislation to permit foreign nationals to open foreign currency accounts…
Oil Dips on Glut Concerns, but Mideast Tension, Falling U.S. Stocks Support
Oil prices dipped on Wednesday, with Brent crude futures around $50 per barrel, as fuel markets remained oversupplied, although tension…
Oil Prices Slide Over Worries Middle East Rift will Undermine Output Cuts
Oil prices fell for a third day on Tuesday, hit by concerns that a political rift between Qatar and several…
Qatar row: Economic Impact Threatens Food, Flights and Football
Saudi Arabia, Egypt, Bahrain, the United Arab Emirates, Libya and Yemen have cut diplomatic ties with Qatar. But what might…
Oil jumps as Qatar ditched, London attacks hurt sterling
Oil jumped after Saudi Arabia, Egypt, the United Arab Emirates and Bahrain cut ties with Qatar on Monday while sterling…
Oil prices tumble 3% to three-week low; OPEC crude output up
Oil prices tumbled three per cent to a three-week low on Wednesday (May 31) as an increase in Libyan output…
Asia stocks drift down from 2-year highs, pound nurses losses
Asian stocks handed back earlier modest gains and drifted lower on Monday, running short of incentives to push past two-year…
OPEC Ponders How to co-exist With U.S. Shale Oil
First, they ignored each other. Then, they went into a bruising fight. Finally, they are talking, albeit with opposing agendas.…
Asia shares race to two-year high as Fed signals no rush to tighten
Asian shares scaled two-year highs on Thursday while the dollar and U.S. bond yields slipped after the U.S. Federal Reserve…
OPEC, non-OPEC hold informal talks to nail new oil cuts
OPEC and non-OPEC ministers meet for informal consultations in Vienna on Wednesday in a last-ditch bid to agree the duration…
Sterling slips after Manchester blast, euro steady, stocks advance
Sterling slipped on Tuesday after a suspected suicide attack killed at least 19 people and wounded 59 at a pop…