Global Events

17 January 02:51 PM Italy’s Ferrero acquires sweets brands from Nestle for $2.8bn
Nestle sold several of its US confectionery brands to Italy’s Ferrero
16 January 02:31 PM UK house prices jump 5.1% in November
The UK’s house prices rose in November at a slighter pace but came above analysts’ forecasts
15 January 01:40 PM Euro area trade surplus hits EUR 26.3bn in November
The euro area recorded a trade balance surplus of EUR 26.3 billion in November 2017, up from EUR 23.8 billion a year ago
12 January 03:22 PM Fiat Chrysler reveals expansion plans after US tax reform
Fiat Chrysler on Thursday announced its plans to ramp up investments in the US, add new jobs, and pay special bonuses to employees
12 January 12:01 PM Gold on track for fifth weekly gain
Gold prices on Friday jumped to their highest level since September, supported by the declining US dollar
12 January 11:40 AM China’s trade surplus eases in 2017
China’s trade balance surplus slowed in 2017 as imports’ growth outperformed rise seen in exports
11 January 07:32 PM Egypt, Germany land in ‘travel with increased caution’ category –US
The United States’ official government website has updated its Travel Advisory List, but kept Egypt in the second category as “Exercise increased caution”.
10 January 01:50 PM UK trade deficit shrinks in November
The UK’s trade balance deficit decreased in November, data released by the Office for National Statistics (ONS) on Wednesday showed
10 January 01:17 PM UK manufacturing production rises; industrial output copes with forecasts
The UK manufacturing production rose 0.4% in November compared to a 0.3% monthly increase in October
9 January 05:06 PM Gold is biggest winner since Fed rate hike
Gold has outperformed the majority of assets since the US Federal Reserve decision in December
9 January 12:01 PM France trade deficit grows in November
France’s trade balance deficit widened unexpectedly in November but remained within the normal range seen since 2012.
8 January 08:25 PM What are cryptocurrencies doing right now?
Although cryptocurrenciesdropped significantly during Monday’s trading with losses surpassing $133 billion, some analysts adopted an optimistic outlook.
8 January 04:16 PM Ablynx dismisses EUR 2.6bn Novo Nordisk offer
Novo Nordisk on Monday announced that the Belgian biopharmaceutical company, Ablynx, has rejected an acquisition bid of EUR 2.6 billion
8 January 02:26 PM Taiwan’s exports hike 14.8% in December
Taiwan’s exports surged 14.8% year-on-year to $29.51 billion in December 2017, beating expectations. The explicit hike came on the back of external demands.
8 January 02:13 PM Eurozone retail sales rise, beat forecasts in November
Eurozone retail sales increased significantly in November, exceeding analyst expectations, according to Eurostat data released Monday
8 January 01:09 PM UBS eyes 51% stake in China securities JV –CEO
UBS Group is looking to acquire a majority stake in its Chinese securities joint venture, according to its CEO Sergio Ermotti.
4 January 07:04 PM Gold prices see marginal losses
Gold futures for February delivery went down 0.16%
4 January 02:54 PM China central bank looks to regulate bitcoin mining
China's central bank can tell local governments to regulate bitcoin mining.
2 January 04:35 PM M&S sells Hong Kong stores to UAE’s Al-Futtaim
Marks and Spencer (M&S) group on Tuesday reported that it has sold its Hong Kong and Macau retail chains to Al-Futtaim
2 January 01:33 PM Gold extends gains in wake of 2018
Gold prices rose for the eighth straight session in the first day of trading in the New Year
29 December 2017 07:27 PM Venezuela to launch oil-backed cryptocurrency within days
Venezuela is expected to launch its own cryptocurrency within days.The new digital currency will be backed by 5.3 billion barrels of oil
29 December 2017 06:54 PM Gold nears highest gains since 2010
Gold futures rose by 0.32% to $1,301.30 per ounce, reaching its highest level since mid-October, on the last trade day of 2017
28 December 2017 03:39 PM Oil prices grow on lower US crude stocks
Oil prices rose on Thursday to their highest levels since 2015 after data on Wednesday showed a decline in US crude inventories.
28 December 2017 00:31 PM Gold jumps to 1M high as dollar falls
Gold prices rose on Thursday, reaching their highest levels in a month, while the US dollar fell.
27 December 2017 07:20 PM Top 5 stock markets in 2017
A list of the five stock exchanges that performed the best during the 12 months