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News & Updates
March 26, 2015 MIDEAST STOCKS-Markets sink on Yemen; Saudi comes off lowsSource: 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...
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...
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...
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 MishandledSource: 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.
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...
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 FirmSource: 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 higherSource: 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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