Latest in Tag: markets Highlight

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Latest in Tag: markets

Oil prices hit fresh lows, dragging markets along

A barrel of the black stuff, which consistently traded above $100 between 2011 and 2013, now costs around $35, as OPEC continues to pump out the oil. Reasons include a bid to halt rival industries like shale “fracking.” Oil prices sank to the lowest level in seven years on Monday, hammering stocks and raising concern …

Deutsche Welle

Why YouTube Red may have a tough time in Germany

Would you pay $10 a month for ad-free videos on YouTube? The video sharing giant believes some will, as it launches a new subscription plan in the US. Could YouTube Red affect ongoing legal disputes in Germany? With YouTube’s newly revealed new subscription plan – called YouTube Red -, users can pay $10 a month …

Deutsche Welle

US Fed rate decision keeps markets volatile

Asian shares have rallied on relief that the US Fed held off on raising interest rates. But renewed concerns about the health of the global economy have caused equities’ trading to remain choppy across the world. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.9 percent to a four-week high on Friday, with financials …

Deutsche Welle

Falling Greek stocks weigh on Europen markets

Greece’s main stock index seemed to have stabilized by the time the markets closed on Tuesday, with shares closing down around 2.2 percent – a far cry from the record drop in share prices from the day before. The head of the Athens Stock Exchange, Socrates Lazaridis, said that most losses incurred on Tuesday were …

Deutsche Welle

Al-Khabir’s director forecasts revival of real estate market

By Badawy Shalaby Mohamed Saad, director of the Al-Khabir Company for Investment and Real Estate, predicted that confidence will return to the real estate market in the coming period after a period of downturn, expressing hope that the current period of political stability will lead to a full recovery. He said that the Egyptian real …

Daily News Egypt

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