World

Media IN VIENNA, 11th July, 2019 (WAM) Global oil consumption is now projected to average 29.3 million barrels per day (bpd), down by 1.3 million bpd from this year, OPEC’s research arm said in its monthly oil market report (MOMR). The Organization of the Petroleum Exporting Countries (OPEC) on Thursday …

Media IN VIENNA, 11th July, 2019 (WAM) The announcement was made by  the organization on Thursday following the release of 2020 oil market forecasts in the OPEC July Monthly Oil Market Report, MOMR. The Emirate of Abu Dhabi will host in September the Joint Ministerial Monitoring Committee meeting of the …

Media IN VIENNA, 11th July, 2019 (WAM) The price of OPEC basket of fourteen crudes stood at US$66.10 a barrel on Wednesday, compared with $64.35 the previous day, according to OPEC Secretariat calculations. The fourteen crudes, from separate OPEC member countries, include a mix of blends and light and heavy …

Media IN TOKYO, July 10, 2019, SPA Japan’s benchmark Nikkei 225 edged down nearly 0.2% to finish at 21,533.48. Australia’s S&P/ASX 200 added 0.4% to 6,689.80. South Korea’s Kospi gained 0.3% to 2,058.78. Hong Kong’s Hang Seng rose 0.3% to 28,201.31, while the Shanghai Composite fell 0.5% at 2,914.66. Benchmark …

Media IN VIENNA, 10th July, 2019 (WAM) The price of OPEC basket of fourteen crudes stood at US$64.35 a barrel on Tuesday, compared with US$64.72 the previous day, according to OPEC Secretariat calculations. The fourteen crudes, from separate OPEC member countries, include a mix of blends and light and heavy …

Media IN NEW YORK 9th July, 2019 (WAM) Richard Branson’s space-tourism venture, Virgin Galactic, plans to go public as part of a deal with a special purpose acquisition company (SPAC) created by Social Capital LP Chief Executive Officer Chamath Palihapitiya. The deal was earlier reported by the Wall Street Journal, …

Media IN PARIS   9th-07-2019 The French government will implement an “ecotax” on plane tickets for flights departing from France from next year. Transport Minister Elisabeth Borne said Tuesday that the tax will be between 1.50 euros ($1.7) and 18 euros ($20). The tax is expected to raise over 180 million …

Media IN TOKYO, July 09, 2019, SPA France’s CAC 40 lost 0.6% in early trading to 5,557.33, while Germany’s DAX slipped 1.1% to 12,403.66. Britain’s FTSE 100 fell 0.4% to 7,523.11. U.S. shares were set for a retreat, with Dow futures dipping 0.4% to 26,685. S&P 500 futures lost nearly …

London 08-05-2019 The London Stock Exchange (FTSE 100) ended the day lower. The index of the top 100 companies on the London Stock Exchange (LSE) shed 0.05 percent, or 3.87 points, to 7,549.27.

Media IN London 8th-07-2019 According to BBC report, Deutsche Bank has taken the first step of cutting 18,000 jobs as revealed earlier on Sunday as part of its radical strategic restructuring plan. Teams of share traders in Tokyo and other locations in Asia were dismissed on Monday. By mid-morning, shares …