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News & Updates

March 26, 2015 MIDEAST STOCKS-Markets sink on Yemen; Saudi comes off lows

Source: Reuters

Middle East stock markets fell sharply in early trade on Thursday after Saudi Arabia and allies launched air strikes in Yemen, edging towards a fresh proxy war with Iran. But the Saudi market came well off its lows after an...

March 26, 2015 National Grid predicts energy prices to drop 25 percent

The Boston Globe - âThis roller-coaster of price spikes and price drops is telling us something important,â said Ken Kimmell, the head of the îUnion of Concerned Scientistsî. âWe need to diversify...

March 25, 2015 Euro Gains Against Dollar, European Stocks Fall Back Slightly

Source: Wall Street Journal

The euro climbed against the dollar early Wednesday, but it was unclear whether the rally will hold, given the currency markets’ recent run of unpredictable moves. Currencies have been especially jumpy since last week, when the...

March 25, 2015 Liz Truss rejects call for MPs' pension fund to divest from fossil fuels

Source: The Guardian

The Conservative environment secretary, Liz Truss, has said she would not request the MPs’ pension fund to divest from fossil fuels. She told the Guardian: “I believe the right way [to affect investment] is through carbon...

March 25, 2015 3G Capital, Berkshire to Buy Kraft Foods, Merge It With Heinz

Source: Bloomberg

3G Capital, the Brazilian private-equity firm, agreed to acquire Kraft Foods Group Inc. in partnership with Warren Buffett’s Berkshire Hathaway Inc. and merge it with ketchup maker H.J. Heinz

March 25, 2015 Soros Says Greece Now Lose-Lose Game After Being Mishandled

Source: Bloomberg

The chances of Greece leaving the euro area are now 50-50 and the country could go “down the drain,” billionaire investor George Soros said.

March 25, 2015 Oil Markets Volatile As Dollar Falls And Supplies Seen Rising

Source: Wall Street Journal

LONDON—Oil markets were volatile on Wednesday with major price benchmarks diverging as investors weighed a weaker dollar against expectations that U.S. oil supplies will hit a fresh record. Brent crude for delivery in May rose...

March 24, 2015 Oil below $56 as Saudi output near record, China activity slows

Source: Reuters

Brent crude oil held below $56 a barrel on Tuesday on signs of slowing growth in China and as Saudi Arabia said its production was close to an all-time high.

March 24, 2015 Motif Investing and Pacific Life Launch SRI Firm

Source: Wealth Management

Hardeep Walia doesn’t think people have to choose between their brains and their hearts when making investment decisions, and he’s trying to remove that choice

March 24, 2015 Strong euro zone business data sends euro, shares higher

Source: Reuters

The euro rose and European shares edged up on Tuesday, responding to signs the euro zone economy is gaining momentum, while a slowdown in factory activity in China kept oil and commodities-linked assets under pressure.

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