ECB likely to point to more easing as it charts steady course
The euro zone economy is widely expected to need more stimulus from the European Central Bank, but it may not come…
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Oil extends gains after data shows huge stock draw
Oil prices extended gains by more than 1.5 percent on Thursday after industry data showed what might be the largest…
Petrobel hikes gas production to 1bn ft3/d in FY2015-16
Egyptian Balaeim Petroleum Co- Petrobel has succeeded to produce more than one billion cubic feet of gas per day…
Indian firm to inject $33mn into Egypt’s chemicals sector
An Indian firm working in field of resins and industrial chemicals field plans to inject more investments of 300…
Commerce Chambers urges Egypt’s oil ministry to pump more 1.1mn butane gas canisters
Federation of Egyptian Chambers of Commerce (FEDCOC) urges petroleum ministry to pump additional amounts…
Turkey dismisses more than 2,000 police officers over coup bid
Turkey issued two decrees under emergency rule on Wednesday in which it dismissed more than 2,000 police officers…
Kiwi hits 1-year high after RBNZ rate cut falls short of expectations
The New Zealand dollar surged to its highest level in more than a year on Thursday after the Reserve Bank of New…
BOE’s McCafferty says more rate cuts on way if economy worsens
Bank of England policymaker Ian McCafferty said more quantitative easing was likely to be required if the U.K.'s…
Turkey detains more than 26,000 over attempted coup; minister says
Turkish Justice Minister Bekir Bozdag said on Tuesday a total of more than 26,000 people have been detained in…
Disappointing China July imports suggest cooling domestic demand
China's exports and imports fell more than expected in July in a rocky start to the third quarter, pointing to…
