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On Wednesday crude oil dropped steeply, as investors cashed up to stay in gains from a recent rally ahead of the release of weekly supply data from the U.S...
On Wednesday, U.S. stock futures were little changed, as investors anticipated the release of minutes from the Federal Reserve’s latest policy meeting, says The Wall Street Journal...
On Wednesday the dollar climbed versus peers, recovering from a recent decline fuelled by disappointing U.S. economic reports, as investors eyed a fresh series of U.S. data to be released later in the day...
The number of unemployed people in Britain dropped by 97,000 to 1.86 million for the October to December period, according to the Office for National Statistics (ONS). Employment increased by 103,000 to close to 31 million - the highest since records began in 1971...
Russia will not turn down energy cooperation with Turkey, ready to discuss South Stream alternatives
Russia is ready to discuss alternative options to South Stream project with its EU partners but will not turn down gas cooperation with Turkey, Russian President Vladimir Putin said on Tuesday after talks with Hungarian Prime Minister Viktor Orban...
Global stocks surge on Wednesday on market optimism ahead of a European Central Bank meeting on bailout conditions for Greece, though trading was subdued as many Asian markets were shut for the Lunar New Year...
Hopes that a compromise between Greece and its European partners would eventually be reached dampened appetite for safe-haven assets sending gold to six-week lows on Wednesday...
Warren Buffett’s Berkshire Hathaway Inc. ended a $3.7 billion investment in Exxon Mobil Corp., as the decline in oil prices ravaged oil company profits...
Soros Fund Management reduced its holdings in U.S. stocks in the fourth quarter and moved about $2 billion into companies in Asia and Europe, according to Bloomberg. Other big hedge fund managers made a similar call on U.S. equities as a slide in oil prices hammered energy holdings...
The Japanese yen gained on Wednesday after the Bank of Japan held policy steady and upgraded its assessment of exports and factory output, with Asian markets gearing up for the Chinese New Year holidays. Greece is still in focus...