Browsing Category
The Watch
Euro Depreciates 0.5 Percent to $1.3153
The euro weakened against the dollar after a report showed German factory output unexpectedly contracted this…
Turkish Shipment of Diesel to solve the Market’s Shortage
The Liberian vessel “Vidias” arrived at Alexandria port today, as coming from Turkey with a shipment of about…
Gold Sluggish amid China Factory Activity Shrinks
Gold prices were little changed on Thursday, hovering around US$1,650 an ounce, as investors weighed a recent…
Indian Rupee Falls to Two-Month Low
The Indian rupee fell for a fourth consecutive session this morning, falling to its weakest level in eight weeks,…
CEO Skinner to Retire; Thompson Is His Successor: McDonald
McDonald’s Corp. (MCD) Chief Executive Officer Jim Skinner is retiring after almost eight years running the world’s…
Brent Falls Below US$124 On China Manufacturing Data
Brent crude dropped below US$124 a barrel on Thursday, after weak Chinese manufacturing data sparked concerns that…
Kuwait And Japan Eye New Energy Cooperation
Kuwaiti Oil Minister Hani Hussein and a top official of Arabian Oil Company, Ltd., on Tuesday agreed to explore new…
Halting Oil Purchase from Iran is out of Question: Turkey
Turkey Energy Minister Yildiz Tanner says his country will continue to buy Iran’s crude oil unless new supply…
Euro Jumps on Debt Crisis Worries Eased
The euro on Wednesday rose to its highest level in nearly five months against the yen and also gained ground on the…
Kuwaiti Oil Prices Down 80 Cents
The price of Kuwaiti crude dropped 80 cents to settle at USD 122.60 per barrel on Tuesday, in comparison to USD…
