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Oil markets will begin to tighten in the second half of 2016 but at a slow pace as global demand growth declines and non-OPEC supplies rebound, the International Energy Agency said on Thursday.
August 10, 2016 Stocks open higher as 3 major market gauges eye new records
USA Today - In Europe the broad Stoxx Europe 600 index was 0.4% higher, and shares were also up in Germany, France and London. In Asia, Japan's Nikkei 225 closed 0.7% higher. > 1862
August 10, 2016 10 things you need to know before the opening bellSource: Business Insider
Brazil's president is headed to trial. In a 59-21 vote, Brazil's Senate voted to indict President Dilma Rousseff on charges of breaking budget laws. The outcome means Rousseff will face an impeachment trial, most likely at the...
August 10, 2016 Should Corporate ESG Disclosures Be Mandatory?Source: Environmental Leader
Corporate environmental, social and governance (ESG) disclosure is mostly voluntary — and rarely enforced in the cases even where it is mandatory — in the US.
When Mark Carney, the governor of the Bank of England, announced an ambitious attempt to avert recession in the U.K. last week, the market sat up and took notice. Yet less than a week later, the first stages of a much-vaunted £60...
August 10, 2016 German court to speed up Volkswagen investor lawsuitsSource: Reuters
A German court will adopt a rarely used class-action style procedure to more efficiently process claims by investors seeking damages from Volkswagen (VOWG_p.DE) over a diesel emissions cheating scandal, according to a ruling.
August 10, 2016 Soaring Debt Has U.S. Companies as Vulnerable to Default as 2008Source: Bloomberg
U.S. companies have taken on so much debt that they’re at least as vulnerable to defaults and downgrades as they were leading up to the 2008 financial crisis, according to a report by S&P Global Ratings Tuesday.
August 10, 2016 U.S. productivity falls for third consecutive quarterSource: Reuters
U.S. worker productivity fell for the third straight quarter in the spring this year, suggesting that corporate profits may continue to decline and wage growth may remain sluggish.
August 9, 2016 Global stocks gain after weak China data; oil retreatsSource: Fortune
Global stock markets rose Tuesday as slack Chinese consumer price figures stoked expectations that Beijing would again act to spur inflation
August 9, 2016 Oil Production in U.S. Proves Resilient as Forecast GrowsSource: Bloomberg
The Energy Information Administration increased its domestic output forecast for 2017 to 8.31 million barrels a day from 8.2 million projected in July, according to its monthly Short-Term Energy Outlook released Tuesday. Global...
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