Global Markets brief

20 March 07:46 PM Shale oil output to hit its peak in 10 yrs-BHP
BHP Billiton forecasted that shale oil production would reach its peak by a little more than a decade
20 March 05:21 PM UK authorities summon Facebook’s Zuckerberg for evidence of privacy scandal
UK lawmakers on Tuesday summoned Facebook founder and CEO Mark Zuckerberg and requested him to provide evidence on the company's security crisis
20 March 04:27 PM Uber stops driverless car tests in US after fatal accident
Uber announced the suspension of self-driving car tests in the US after one of its cars hit a woman
20 March 03:53 PM Police investigate ex-French President over Gaddafi funding
French police are investigating former President Nicolas Sarkozy on claims that his presidential campaign was financed by ex-Libyan President Muammar Gaddafi
20 March 03:19 PM US Congress bill threatens call centre jobs in India, ME
US Congress introduced a legislation that allows customers to ask about the call centre agents' locations
20 March 02:20 PM Facebook shares slump after privacy scandal, Zuckerberg wealth falls $5bn
Facebook shares retreated sharply following a recent security crisis
20 March 01:24 PM German economic confidence falls sharply in March
Germany's economic sentiment worsened more than expected in March
20 March 12:18 PM Oil prices jump amid weak dollar, concerns over ME issues
Oil prices turned higher on Tuesday driven by a declining US dollar
19 March 05:53 PM India to get cheap desalinated water soon – Minister
India has announced that it will start water desalination from seas during the coming period
19 March 04:20 PM Euro area trade surplus falls in January
The Euro area’s trade balance surplus fell to EUR 19.9 billion in January
19 March 02:04 PM China central bank names new chief
The People’s Bank of China announced the appointment of a new governor
19 March 01:09 PM Putin wins overwhelming majority in reelection
Vladimir Putin saw a landslide victory in the Russian presidential elections, preliminary results showed.
19 March 12:59 PM Oil prices fall as US activity weighs
Oil prices commenced the week on a low note, coinciding with higher drilling activities for crude oil in the US
19 March 12:31 PM US trade associations urge Trump to halt tariffs against China
The associations called Trump to work with other nations to propel Beijing to end restrictions on foreign firms.
19 March 11:55 AM UK investment firm buys 5.2% stake in Barclays
Activist shareholder Sherborne Investors has acquired a 5.2% stake in Barclays PLC
19 March 11:47 AM Russia’s Rosneft profit surges in Q4-17
Rosneft reported a sharp rise in its profits for the final quarter of 2017
16 March 07:41 PM EU lists US products it could hit against Trump tariffs
The EU on Friday unveiled a long list of American exports that it could impose tariffs on as a response to Trump tariffs
16 March 06:27 PM Russia to take counter measures against US - official
Ryabkov said that Russia will expand the "blacklist" of Americans as a response to US sanctions
16 March 05:45 PM US consumer confidence hit 14-year high in March
US consumer sentiment jumped unexpectedly in March to its highest level since March 2004
16 March 05:09 PM US industrial output grows well above forecast in February
US industrial production expanded more than expected in February
16 March 04:40 PM US Chamber of commerce opposes Trump tariffs on China
US President Donald Trump administration's trade policy against China may lead to a global trade war and create a negative impact on the American economy
16 March 04:06 PM US building permits, housing starts fall in February
The US residential building permits decreased markedly in February, matching analysts' forecasts, while housing starts fell well below expectations
16 March 03:39 PM Russian hackers target US infrastructure services-officials
US government officials accused Russian hackers of attacking the country's infrastructure services
16 March 01:40 PM US retaliates against Russia for election meddling, cyberattacks
Trump administration imposed sanctions on Russian organizations and individuals
16 March 01:21 PM European inflation cools more than forecast in February
The Eurozone's annual inflation rate decreased more than expected in January