Sunday 14 February 2016

Gold stages comeback as equities melt down

Gold's prospects for a sustained price rally are better than they have been for years as a weaker dollar, crashing oil prices and concerns about the global economy have revived its safe-haven status after years as the dog of global financial markets. The last time gold prices


Shock slump across European industry bodes ill for 2016

Europe's top four economies suffered steeper drops in industrial output during December than any analyst had forecast, a grim sign for the global economy as it struggles to sustain momentum. Wednesday's industrial output data for Britain, France and Italy followed news a


What if oil stays below $50 until 2020?

What if oil prices remain stuck in a $25 to $50 per barrel range for the next 5 years? What will the world economy look like in 2020? How do different asset classes perform? Bank of America Merrill Lynch research team explores the scenario. Even if$30 oil hurts growth in the shor


Millennials shifting car ownership trends

When Toyota Motor looked to the future at the turn of the millennium and aimed its new, edgy Scion small-car brand at 20-somethings, it could not have guessed that the model would be dead after just 12 years. In killing off the brand last week, the Japanese company was responding


Economic confidence among Mena CEOs falls to 3-year low

Economic confidence among chief executive officers in the Middle East and North Africa (Mena) region slipped in the final quarter of last year to a three-year low, according to a recent report.    The YPO Global Pulse Confidence Index for the Mena region de


More women executives mean more profits: study

Companies with 30 per cent female executives rake in as much as six percentage points more in profits, according to a study on Monday, feeding into a global debate over the scarcity of women in decision-making business roles. The conclusion stems from a study of about 22,000 publ


Emerging markets hit by commodities, credit and currencies

The global economy is being hit by a slowdown in growth, large swings in exchange rates and tumbling commodity prices. These three factors are often portrayed as separate "shocks" but should really be seen as manifestations of the same maturing financial and economic cy


As Big Oil shrinks, boards plot paths out of crisis

As oil and gas companies cut ever-deeper into the bone to weather their worst downturn in decades, boards have adopted contrasting strategies to lead them out of the crisis. Crude prices have tumbled around 70 per cent over the past 18 months to around $35 a barrel, leading to fi


UAE e-commerce to quadruple to $10bn by 2018

GCC banks are aiming to expand digital and mobile customer offerings, even as the UAE’s e-commerce market is set to quadruple to $10 billion by 2018, according to Bank Audi.   Eighty-one per cent of UAE customers would switch banks for a better digital experience, and 6


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