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06:34, 13 February 2016 Saturday
Economy

10:11, 21 December 2015 Monday
Brent oil hits 11-year low

On Monday Brent crude for February delivery is down 59 cents at $36.29

16:36, 08 December 2015 Tuesday
Brent oil falls to seven-year low

Oil prices dive below critical $40 a barrel mark

10:31, 07 December 2015 Monday
Oil prices hit year low after OPEC meeting

At a meeting in Vienna on Friday, the Organization of the Petroleum Exporting Countries decided against cutting output to raise prices

17:26, 04 December 2015 Friday
OPEC to raise oil output ceiling

OPEC has agreed to raise its output ceiling to 31.5 million barrels per day

10:30, 04 December 2015 Friday
OPEC to decide on oil output

OPEC's poorer nations, led by Venezuela, want a cut to help boost prices

09:20, 01 December 2015 Tuesday
IMF approves China's yuan as elite reserve currency

Move gives international recognition to renminbi, fund's Christine Lagarde says

15:46, 23 November 2015 Monday
World gas exporters summit kicks off in Tehran

Summit is expected to provide member states with opportunity to consult, exchange views on the most important issues concerning them in the framework of the Gas Exporting Countries Forum

13:55, 23 November 2015 Monday
Oil prices drop close to seven-year low

Slowdown in Chinese economy, rising oil stocks in US, and oversupply from OPEC are all factors making price of oil lower

15:23, 26 October 2015 Monday
WTO trade deal could boost global exports by 1 trillion

'World is more connected than ever before. More and more developing countries are seeking to join global trade networks,' WTO director-general says

10:58, 23 October 2015 Friday
European Central Bank to step up stimulus program

European Central Bank is ready to use ‘all instruments available’ to stimulate the eurozone economy, Draghi says

10:41, 07 October 2015 Wednesday
US reactors increase Kazakh uranium purchases

Kazakhstan has overtaken Australia as the lead supplier of uranium for US reactors.

10:49, 24 August 2015 Monday
Global stocks plunge over Asian crisis fears

Depreciation of emerging market currencies, combined with low commodities prices, have made investors around the globe nervous

10:27, 18 August 2015 Tuesday
Moody's warns of slower global growth

Global growth at further risk from Chinese asset price deflation, and US interest rate increases, Moody's says

14:53, 27 July 2015 Monday
Global stocks plunge as China shares drop to record low

Traders fear Chinese government will withdraw support measures markets

17:05, 22 July 2015 Wednesday
EU leaders sign 315 billion investment plan

European Commission president 'convinced' three-year plan will boost investment in EU

15:35, 22 July 2015 Wednesday
Turkey US to share data on foreign account holders

Deal aims to bolster fight against tax fraud through exchange of financial information on Turks holding accounts in US and vice versa

14:27, 23 June 2015 Tuesday
Egypt receives fast missile navy vessels from US

Vessels were delivered to port of Alexandria on June 17

15:57, 17 June 2015 Wednesday
Global violence and death costs world 14 trillion

The economic cost of violence according to the 2015 Global Peace Index has reached a staggering $14.3 trillion with Syria the least peaceful country.



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