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BEN MOSHINSKY
There's a 70% chance Opec may agree on oil output cut: NomuraNomura argues that the costs of low oil prices no longer outweigh the benefits of forcing competitors, particularly those based in the US, ...- Brexit makes eurozone collapse five times more likely: JP Morgan CEO Jamie DimonDimon made the comments at a conference organised by the International Institute of Finance, which was attended by other Wall Street bank C...
- Deutsche riskiest bank in the world, says US insurerBank has lower capital ratio than US banks before the 2008 crisis.
- Sabotage, conflict and natural disasters make it impossible to predict price of oil, say Barclays analystsAround 4 million barrels a day of oil production are affected by sudden outages, due to anything from sabotage to war, accidents and natura...
- Possibility of Fed rate hike ends gold’s partyTightening monetary policy is seen as bad news for the gold price, and investors have taken note. The gains seen in May have all been wiped...
- Foreign investors bought more than $12 billion of Asian shares last month: HSBCBut, it might be a bit early to start celebrating in China, the epicentre of stock market volatility for the past 12 months, as most of the...
- Gold loses sheen: Precious metal no more a safe haven for investorsBarclays said $480 mn was pulled from the market that month, putting total outflows in the past two months at over $1 bn.
- Bill Gates dumped a huge amount of Microsoft stock this yearGates sold more than $717 million of Microsoft stock this year, according to Sqoop.com, and he wasn't the only one to turn his equity into ...
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