World Markets trade higher; Auto Manufacturers boost sales
Wednesday, 3 December 2014, 09:57
Last update: about 13 years ago
Europe The majority of European indices ended trading in positive territory albeit marginally. The Euro Stoxx50 added 0.17% to reach 3238.35 whilst the CAC 40 rose by 0.25% to 4388.3. The...
Tough times ahead: deflation looms as Europe's economic bugbear
Tuesday, 2 December 2014, 15:41
Last update: about 13 years ago
Associated Press
It's the D-word that's pushing the European Central Bank into a corner. But it's not debt - Europe's main economic problem in recent years - that is driving speculation the ECB will switch on the...
Disappointing PMI data results in profit-taking
Tuesday, 2 December 2014, 09:55
Last update: about 13 years ago
Risky assets, most notably within the Eurozone, were in buoyant mode for yet another week last week (only to take a breather yesterday on the bout of profit taking moves) as expectations of a fresh...
Russian ruble takes a nosedive as oil price drops
Monday, 1 December 2014, 11:20
Last update: about 13 years ago
Associated Press
Russia's ruble hit a new all-time low on Monday, dropping more than 4 percent as declining oil prices and the conflict in eastern Ukraine weigh on the country's economy. The Russian currency...
Cyber Monday ready to extend long shopping weekend
Monday, 1 December 2014, 09:40
Last update: about 13 years ago
Associated Press
After a busy holiday weekend in shopping malls, millions of Americans are expected to log on and keep buying on the day called Cyber Monday. The Monday after the Thanksgiving holiday...
Oil plunge is both a threat and a boon to global economies
Sunday, 30 November 2014, 09:04
Last update: about 13 years ago
Associated Press
A renewed plunge in oil prices is a worrying sign of weakness in the global economy that could shake governments dependent on oil revenues. Yet it is also a bonus for consumers as prices fall at the...
KPMG announces offer to acquire Crimsonwing
Friday, 28 November 2014, 15:09
Last update: about 13 years ago
KPMG today made an offer to acquire Crimsonwing, an international IT company focusing on Microsoft Dynamics and e-Commerce business solutions. KPMG's offer values Crimsonwing at €26...
OPEC decision impacts markets in different ways
Friday, 28 November 2014, 14:06
Last update: about 13 years ago
The main event yesterday was without a doubt the OPEC meeting which, as it was indicated earlier this week, concluded without a cut in production. The response of the markets was rather foreseeable,...