Siemens Presents Weaker Q1 Industrial Profit

Oil Prices Dip on Back of Unrest in Libya

Political unrest in Iraq and Libya compel these countries to cut oil production – in Libya immediately by 800 thousand barrels per day, which caused an increase in prices on Monday. Nevertheless, the International Energy Agency (IEA) maintains a production forecast for 2020 of non-OPEC countries at 2.1 million barrels per day. Photo: Flickr […]

Wall St. Indexes Manage to Recover From VirusDriven SellOff

U.S. major indexes opened higher on Wednesday, trying to recover from the sharpest immersion year-to-date, with investors assessing the impact of the Chinese virus outbreak in the world’s economy. Investors, meantime, didn’t waste time and were taking advantage of a sharp decrease in the framework of the previous session to generate new positions, worrying that […]

Wall Street Shares Bounce Down From Records Highs

Wall Street dropped on Friday after a session on Thursday, when all three benchmark indexes closed at record highs, as markets were assessing a January jobs report that surpassed economists’ expectations. Photo: Reuters The Dow Jones eased by 0.62 percent, to 29,197, the S&P 500 lost 0.32 percent, to 3,335 and the Nasdaq […]