The average of private forecasts is an annual 0.11% increase in real GDP for the July-September quarter.
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EGA’s nine-month profit and revenue fall as Iran war disrupts aluminium sales
Emirates Global Aluminium has reported a 9 per cent decline in its nine-month adjusted net profit, driven by impairments for lost production after an Iranian attack on its Al Taweelah plant as well as…
EGA’s nine-month profit and revenue fall as Iran war disrupts aluminium sales
Emirates Global Aluminium has reported a 9 per cent decline in its nine-month adjusted net profit, driven by impairments for lost production after an Iranian attack on its Al Taweelah plant as well as…
Korean retail investors struggle to cut losses, holding on to or buying more losing stocks: survey
Two-thirds of Korean retail investors hold on to losing stocks or buy more in an attempt to lower their average purchase price, rather than sell at a loss, a report showed Thursday.
Metro Bank Hangs Up ‘For Sale’ Sign
The lender said Thursday that it wasn’t in any active discussions and it hadn’t received an approach for a potential takeover.
German regulator fines Deutsche Bank US$8.9 million euros over Postbank customer migration issues
This follows complaints from individuals who lost access to their funds and had direct debits rejected
Asian Oil Buyers Turn to Africa and Brazil as Tanker Rates Plunge
Asian energy commodity buyers are increasingly turning to African and Brazilian grades, attracted by lower prices as rates for shipping oil out of the Persian Gulf remain near historic highs.
- Asian oil buyers favor African and Brazilian crude due to plummeting tanker rates.
- Sinopec and SK Energy purchased Djeno crude from Congo at $22 discount to Brent.
- Vessel availability improved by 15% since early September, contributing to rate decline.