Global Markets; Oil Prices Decline Continues, Virus slows in China
On Monday, crude oil prices losses continued following Saudi Arabia’s move to slash prices by boosting its production by more than 10 million barrels per day in April. Saudis decision comes after [...]
Global Markets Weekly Wrap Up
US Markets Equities on major United States stock markets closed the trading session on Friday lower as investors shifted their attention to the rising number of confirmed coronavirus cases worldwide [...]Gold Rally Continues as Equities Drop
The price of gold continued to rise on Thursday's trading session as COVI 19 fears continued to dampen the stock market. Gold was up 1.25% to $1,659.66 an ounce at [...]
British Regional Airline, Flybe, Collapses
British regional airline, Flybe, has gone out of business after being placed under administration, becoming the first airline to be unable to withstand the coronavirus outbreak. The pandemic has led [...]Podcast; Central Banks Come to the Rescue of Global Markets
The coronavirus spread has pushed central banks in developed economies to take emergency measures to shield their economies from the corona impact. Equiti Group market analysts Gaurav Kashyap and Mark [...]
Rolls-Royce Records 25% Jump in Full Year Profit in 2019
Aircrafts engine-maker, Rolls-Royce, has posted a 25% increase in operating profit in the full year period that ended on 31st December 2019, from £616 million in 2018 to hit £810 [...]Global Markets Daily Wrap Up
Stocks on Wall Street began Friday's trading session lower with the Dow Jones falling more than 700 index points at the open. Rising concerns over the coronavirus outbreak remained in [...]Global Markets Decline Continues
US stock markets continued to decline on Thursday, with the Dow Jones Industrial Average falling over 800 points on coronavirus-related fears. The World Health Organization's director-general Tedros Adhanom Ghebreyesus warned the world [...]Daily FX Masterpiece 25/02/2020
Markets across Asia and Europe continued their bearish run amid fresh fears of the coronavirus spread. Monday trading shock loss saw some stock record their sharpest losses in ages. Events [...]Shopify Joins Facebook's Libra Association
Shopify has been the latest firm to join Facebook's Libra association, despite the exodus of a number of firms including Vodafone, Paypal, Mastercard, Visa,eBay, Stripe,Booking Holdingsand Mercado Pago. Its entry [...]Namibia Begins Exporting Meat to the US
Namibia has begun exporting meat to the United States, becoming the first African country to manage that, after it sent 25 tonnes of beef to Philadelphia. This follows eighteen years [...]Daily Global Markets Review
Highlights According to Global Times, production of the first antiviral drug approved by Chinese authorities to treat nCoV, Favipiravir, is reportedly well in progress and is expected to hit the [...]
