Sunday, Nov 17, 2024

International Finance

Tag : prices

Economy

50% of oil & gas companies in UK cut jobs

International Finance Desk
by International Finance Desk
One-third of companies plan further lay-offs this year, says a report IFM Correspondent June 7, 2016: About 50% of all oil and gas companies in the UK were forced to cut jobs in the past 12 months, says a recent report. The Bank of Scotland/Lloyds Banking Group surveyed 141 companies in the sector. The report...
Read more
Economy

Saudi is having a bearish impact on oil prices

International Finance Desk
by International Finance Desk
Kinan Khadam-Al-Jame Is defending market share and simultaneously ushering changes at home to avoid political unrest May 27, 2016: Historically, kings of Saudi Arabia don’t accede the throne until late in life. However the current ruler, King Salman Al-Saud has upset the established formula of ‘rule by elder’ by giving unprecedented power to his son...
Read more
Business Leaders

Saudi oil minister removed after 20 years in the job

International Finance Desk
by International Finance Desk
He has been replaced by Khaled al-Falih, who heads Saudi Aramco IFM Correspondent May 12, 2016: After announcing reforms to overhaul the economy in April, Mohammed bin Salman, the deputy Crown Prince of Saudi Arabia announced a government shake-up. The Prince announced the removal of veteran oil minister Ali al-Naimi. He has been removed after 20...
Read more
FinanceWealth Management

Is Osborne right on Brexit and property?

International Finance Desk
by International Finance Desk
Chancellor of the Exchequer said that property prices will be significantly dampened by a UK vote to leave Naomi Heaton  May 11, 2016: With the UK’s EU referendum fast approaching, questions are inevitably circulating about how the build-up and outcome will impact property prices and the future of the UK and London market. Indeed, in...
Read more
Economy

Saudi looks to austerity measures to cut losses

International Finance Desk
by International Finance Desk
Government is seeking advice from experts on downsizing budget Suparna Goswami Bhattacharya January 25, 2016: Saudi Arabia has reveled in its oil-rich economy for years, but is finally feeling the pressure of falling oil prices. So much that the government is considering austerity measures. There are enough reasons to think about austerity, especially since the...
Read more
Economy

Chinese government’s reaction to stock prices worrying

International Finance Desk
by International Finance Desk
The surprise was not that the government intervened, but the manner in which it did Suparna Goswami Bhattacharya July 17, 2015: While the world is focused on the Greece crisis, there is something more serious brewing in the east. The tumbling stock prices in China has left everybody wondering what went wrong with the market...
Read more
FinanceWealth Management

Investors finally paying more attention to GCC

International Finance Desk
by International Finance Desk
So far, energy rich Middle Eastern countries have built a reputation as a source of funds Joel Kukemelk February 11, 2015: As a Europe-based GCC equity fund manager, we are well-aware of the international investors’ views, questions, hopes and doubts when it comes to investing in the Arabian peninsula. So far, global investors have overlooked...
Read more
Fintech

Holders of high yield bonds floundering

International Finance Desk
by International Finance Desk
Hit by the fall in oil prices Peter Taberner February 4,2015: The fall in oil prices has left holders of high yield bonds floundering, as the value of their investments has simultaneously plummeted. Over the past three months, data from the First Trust High Yield Bond reveals that there has been a drop in price...
Read more
Economy

Saudi Arabia moving away from oil

International Finance Desk
by International Finance Desk
The Saudi government is making all efforts possible to increase share of the manufacturing industry Suparna Goswami Bhattacharya January 27, 2015: One does not really associate names like Jaguar Land Rover, a British automotive company; or Mars, an American confectioner, with Saudi Arabia. For years, Saudi Arabia has become synonymous with oil. And it is...
Read more
Economy

Oil dips, gold resilient despite US economic cheer

International Finance Desk
by International Finance Desk
Risk of Iraqi oil disruptions faded and in Libya, two major oil terminals are going to reopen following a year-long blockade. 8th July 2014 Bloomberg Commodity Index falls for second consecutive week Oil droops as Iraq fears fade and Libya is poised for export resumption Outlook to bumper corn and soybean crops in the US...
Read more