UAE’s Dana Gas records 73% Profit fall due to Oil Price Decline
Sharjah-based Dana Gas reported lower sales and profit in the first quarter, as cost-cutting failed to mitigate the…
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China April HSBC PMI shows Biggest Drop in Factory Activity in a year
China's factories suffered their fastest drop in activity in a year in April as new orders shrank, a private…
LinkedIn’s Shares shocks Social Media Investors
Another day, another shock for investors in social media stocks. Shares of LinkedIn Corp, operator of the most…
Dollar falls versus Yen after BOJ Inaction
The dollar fell against the yen in Asia on Thursday, after the Bank of Japan left policy unchanged, disappointing…
Deutsche Bank Q1 Profit falls by Half as Legal Charges Bite
Deutsche Bank's (DBKGn.DE) earnings fell by half in the first quarter, a greater-than-expected drop as hefty legal…
Oil down on U.S. Stock Build, record Saudi Output
Oil prices fell more than a percent on Wednesday as industry data showed a larger-than-expected weekly increase in…
Brent falls over 1 percent after Goldman forecasts Lower Prices
Brent crude fell more than 1 percent on Tuesday, paring overnight gains of nearly 6 percent, after Goldman Sachs…
Oil Prices drop on Weak Demand, Potential Iran Deal
Oil prices fell on Monday as traders focused on whether Iran and six world powers would reach a deal that could add…
Oil Slips after Four-Day Rally on Demand Concerns, High Stocks
Oil prices fell on Wednesday as renewed concerns over global demand and high stock levels halted a rally that…
Brent hits 5-1/2-year low near $57, supply glut weighs
Brent oil fell to a fresh 5-1/2-year low near $57 per barrel on Tuesday, as persistent worries about a global…
