John Varley cleared of fraud
The former chief executive of Barclays bank has been acquitted of suspected fraud by a court in London. John Varley was indicted in 2017 for fraud involving a…
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Eurozone industrial activity remains weak
Activity in the euro zone industry remained at a weak level in June. Market researcher Markit reported this on the basis of a preliminary estimate. The purchasing managers’…
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Oil prices up on Iran tensions and Fed policy
Oil prices went up on Thursday, following the shooting of an American drone by Iran and the possibility of an interest rate cut by the Federal Reserve. The…
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Gold price at highest level in 5 years
The gold price has risen to the highest level in more than five years, after the US Federal Reserve has indicated its willingness to lower interest rates. For…
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Stewart eliminated in battle for May succession
Rory Stewart is no longer participating in the leadership struggle of the British Conservatives. The Minister for International Development received the least votes in the third round of…
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OPEC stops brawling, meeting scheduled
The members of the oil cartel OPEC and the allies have made the decision to meet after a month of fighting. The insiders report this to Bloomberg news…
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Draghi: possibly, more ECB stimulation needed
The European Central Bank (ECB) may take additional stimulus measures if economic expectations do not improve. ECB President Mario Draghi said that at the forum of the central…
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