International Finance

Tag : price

Economy

Saudi announces Vision 2030 to transform its economy

The aim is to make a smooth transition away from dependency on oil revenue Suparna Goswami Bhattacharya May 13, 2016: With oil price continuing to show no signs of improvement, it is no secret that oil dependant nations have to think of alternatives to run their economy. The Kingdom of Saudi Arabia recently announced a...
Fintech

Tough time ahead for oil companies

While big players are streamlining operations, smaller ones look to get acquired Suparna Goswami Bhattacharya Analysts expect oil price to come down to $43 a barrel in second quarter of 2015 Oil companies look for ways to cut costs Big players go in for layoffs Oil price: No looking up for now January 27, 2015:...
Finance Wealth Management

Gold hits 15-month low

Strong economic data sends prices down October 6, 2014: With US unemployment rate below 6% for the first time since 2008, gold prices have gone negative for the year and tumbled below $1,200 an ounce. Gold opened 2014 trading at $1,207.80 an ounce and approached the $1,400 mark in March. However, the release of relatively...