Oil price tumbles to below $33
Posted onOil prices tumbled to below $33 a barrel on Thursday as a result of rising US energy stockpiles and China’s weakening currency. read more >>> Source : BBC
Oil prices tumbled to below $33 a barrel on Thursday as a result of rising US energy stockpiles and China’s weakening currency. read more >>> Source : BBC
BERLIN, Jan 7 (Reuters) – Healthy domestic demand fuelled a bigger-than-expected rise in German industrial orders in November, data showed on Thursday, providing further evidence that Europe’s biggest economy gained momentum at the end of last year. read more >>> Source : Reuters
After years of speculation as to how long he can stay in the job, Marc Bolland is finally ending his time as CEO of Marks & Spencer. On Thursday, the retailer confirmed in a statement that Bolland will be retiring in April, to be replaced by Steve Rowe, a 25-year M&S veteran who currently heads […]
Chinese stocks nosedived on Thursday, triggering the second daylong trading halt of the week and sending share markets, currencies and oil prices lower as investor jitters rippled across Asia. read more >>> Source : CTVNews.Ca
The doom and gloom mood has escalated: Chinese stock markets were closed for the day after a short period of time (14 minutes and 17 seconds) and oil fell even further, now at the $32 handle. The outcome for currencies is more “risk off”. The winners are the euro and the yen, while commodity currencies […]
* Exports to China +14.2 pct y/y; U.S. +9.2 pct; EU +5.9 pct (Adds comments, background) read more >>> Source : Reuters
Sustainable Energy looks at Germanwatch’s Global Climate Risk Index for 2016, profiling countries hit by extreme weather events. read more >>> Source : CNBC.Com
MPs summon the chairman and acting chief executive of the Financial Conduct Authority to explain why an inquiry into bank culture was dropped, the BBC learns. read more >>> Source : BBC
SHANGHAI, Jan 7 (Reuters) – Hong Kong’s main stock indexes touched their lowest since mid-2013 on Thursday, as panic from China’s 7 percent market free-fall spilled over the border. read more >>> Source : Reuters
“Star Wars: The Force Awakens” has become the highest grossing film of all time in the United States and Canada, Walt Disney said. read more >>> Source : CNBC.Com
Macy’s is slashing jobs, a harbinger of hard times for retailers after a holiday season that saw a noticeable shift to online shopping and away from physical stores. read more >>> Source : CTVNews.Ca
Chinese stocks nosedived Thursday, tumbling more than 7 percent in the first half-hour of trading, causing Beijing’s securities regulator to step in and suspend trading for the day. It was the second time this week that “circuit breakers” were used to suspend trading. The benchmark Shanghai Composite Index tumbled 7.3 percent to 3,115.89 Thursday, while […]
(Reuters) – Yahoo Inc is working on a plan to cut its workforce by at least 10 percent and it could start the process as early as this month, Business Insider reported, citing sources. read more >>> Source : Reuters
Voice search is actively shaping the future of SEO and changing how SEO techniques are adopted in the mobile age. While Google’s most recent mobile update put quite a bit of attention on the importance of mobile optimized pages, it’s essential for digital marketers to consider Siri in their 2016 search engine strategies. The Emerging […]
China halted stock trading Thursday, its second daylong trading suspension this week, after prices plunged in the latest spasm of investor panic on its volatile markets. read more >>> Source : CTVNews.Ca
* Nov exports +6.3 pct y/y vs Reuters poll f’cast +12.2 pct * Nov imports +9.1 pct y/y vs f’cast of +14.1 pct * Trade surplus 10.23 bln rgt vs f’cast 12 bln rgt surplus * Exports to China +14.2 pct y/y; U.S. +9.2 pct; EU +5.9 pct KUALA LUMPUR, Jan 7 (Reuters) – Malaysia’s […]
The rupee depreciated by 4 paise to 66.86 against the US dollar in early trade on Thursday after the Chinese central bank, PBoC. read more >>> Source : EconomicTimes.IndiaTimes.Com
This highly rated movie is about a few sharp operators who saw the financial crisis coming and decided to profit from their insight by shorting the private mortgage-backed security market. “Shorting” means to sell at the current inflated price but not deliver until later when the price of buying the security will be lower. Most […]
Major shareholders must not sell more than 1 percent of a listed company’s share capital every three months. read more >>> Source : CNBC.Com
The project could cost up to $3B and include improvements like bringing natural light into the maze underneath Madison Square Garden. read more >>> Source : CNBC.Com
To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_01072016.pdf 2015 OVERVIEW The M&A volume rose 40.8 percent over last year to a… read more >>> Source : Reuters
The World Bank’s latest look at the year ahead suggests the global economy may continue to limp along, with falling commodity prices a drag on growth. read more >>> Source : BBC
The first week of the New Year has many of us committing to personal development and the strengthening of meaningful relationships. As you master new skills, think more positively, grow your company and learn to use all of the technology you own, why not begin with a thoughtful thank you note? From clients to distant […]
Chinese stock trading has been temporarily suspended for the second time this week after “circuit breakers” kicked in following a steep plunge. read more >>> Source : CBC.Ca
BEIJING, Jan 6 (Reuters) – Farmers are illegally growing genetically modified corn in China’s northeast, said environmental non-profit Greenpeace on Wednesday, in a report that may generate further distrust of the government’s ability to ensure a safe food supply. read more >>> Source : Reuters
SHANGHAI, Jan 7 (Reuters) – China accelerated the devaluation of the yuan on Thursday, sending currencies across the region reeling and domestic stock markets tumbling, as investors feared the Asian… read more >>> Source : Reuters
The offshore yuan was trading 2.36 percent weaker than the onshore spot at 6.74 per dollar. read more >>> Source : EconomicTimes.IndiaTimes.Com
Netflix has already crossed off the biggest item on its New Year’s list of resolutions. The Internet video service debuted in 130 countries Wednesday in a surprise move likely to reel in millions of new subscribers. read more >>> Source : CTVNews.Ca
U.S. oil prices edged away from 2009 lows in early trading on Thursday but overall market sentiment remained bearish. read more >>> Source : CNBC.Com
TOKYO, Jan 7 (Reuters) – The dollar fell more than 0.5 percent against the yen on Thursday to 117.66 yen, its lowest level since late August, after China’s central bank guided the yuan lower,… read more >>> Source : Reuters
Its 2016 and do you know what innovations will change your world? Here is your executive summary. This is a quick take from my annual forecast from the Institute for Global Futures that focuses on what’s coming in the year ahead and beyond. Get ready for accelerated and complex changes coming fast this year. If […]
Asian shares head lower on Thursday as concerns about the health of the Chinese economy and plunging oil prices weigh on investors’ confidence. read more >>> Source : BBC
Most Americans save for retirement through mutual funds, whether in a taxable account or an employer-sponsored retirement plan such as a 401(k). By mid-2015 some 53.6 million, or 43%, of households in the U.S. owned mutual funds. The Investment Company Institute’s annual survey of fund owners has found that individuals between the age of 35 […]
Jan 7 (Reuters) – The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. read more >>> Source : Reuters
SINGAPORE (Reuters) – U.S. oil prices edged away from 2009 lows in early trading on Thursday but overall market sentiment remained extremely bearish due to huge unused amounts of petroleum sitting idle in storage tanks and as China’s economy was showing no signs of recovery. U.S. West Texas Intermediate (WTI) futures were trading at $34.23 […]
Jan 6 (Reuters) – United Continental Holdings Inc said in a statement that Chief Executive Oscar Munoz underwent a heart transplant on Wednesday, but it expects him to return to the helm of the second-largest U.S. airline by the spring. read more >>> Source : Reuters
Think they don’t work? Here are a few scenarios where open houses can attract the right people. read more >>> Source : Realtor.org
Energy investors got clobbered in 2015, and are hoping for things to turn positive as we head into the New Year. What can we expect in 2016? Here is a rundown of some key trends to watch for: 1. U.S. oil production contracts. Oil output in the U.S. has declined by about 300,000 barrels per […]
The Nasdaq extended its sell-off to a fifth straight session Wednesday, and the S&P 500 closed below the 2000 level for the first time in nearly three months. In other words, stocks acted exactly the way they should during a market correction. The tech-filled Nasdaq composite fell 1.1%, extending its losses over the past five […]
(Reuters) – Apple Inc Chief Executive Tim Cook’s compensation rose 11.5 percent to $10.3 million in 2015, a year when the company had a rocky ride due to fears of slowing shipments of its new iPhone models. Cook’s base pay increased about 14.4 percent to $2 million last year, while non-equity incentive compensation rose about […]
United Airlines CEO Oscar Munoz is expected to return to work by summertime and is recovering from a heart transplant, the company said. read more >>> Source : CNN Money
(Updates prices) By Bruno Federowski SAO PAULO, Jan 6 (Reuters) – Latin American stocks and currencies fell on Wednesday as investors fretted over economic weakness in China and a nuclear test by… read more >>> Source : Reuters
(Reuters) – United Continental Holdings Inc said in a news release that Chief Executive Oscar Munoz underwent a heart transplant on Wednesday and may return to the helm of the second-largest U.S. airline later than expected. United’s top officer has been on medical leave since October when he suffered a heart attack, with a planned […]
Content marketing is demanding if you’ve fully dedicated yourself to the strategy. Larger companies and brands need fresh, new, unique, insightful content churned out on a daily basis, and even smaller companies might have large-volume needs–with only one or two people to get the job done. In any case, it’s common to hit a creative […]
WASHINGTON, Jan 6 (Reuters) – The Federal Aviation Administration said on Wednesday that 181,000 drones have been registered in the database it launched just over two weeks ago in response to a surge of rogue drone flights near airports and crowded public venues. read more >>> Source : Reuters