Wednesday 27 May 2015
 
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Greece

Oil prices dip on oversupply, Greece worries

Oil prices eased on Tuesday as the market remained oversupplied and the dollar gained on fears that Greece would not be able to repay its debts. Greece paid about 750 million euros ($836.70 million) to the International Monetary F

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G20 upbeat on over global growth outlook

The Group of 20 leading economies struck a hopeful tone on the outlook for global growth on Friday, even as officials fretted that Athens' inability to strike a deal with its lenders could upset Europe's tentative recovery.

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Gulf Air offers free flights within Greece

Gulf Air, the national carrier of Bahrain, has announced a limited-period offer giving passengers travelling to Greece the opportunity to fly onwards from Athens International Airport to 14 Greek destinations for free. Valid until

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Greece reaches Euro zone loan accord

Euro zone finance ministers have agreed in principle to extend Greece's financial rescue by four months, averting a potential cash crunch in March that could have forced the country out of the currency area. The deal, to be ra

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Greece, euro zone agree 4-month loan extension

Euro zone finance ministers agreed in principle on Friday to extend Greece's financial rescue by four months, averting a potential cash crunch in March that could have forced the country out of the currency area. The deal, to

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Gold at 5-month high on safe-haven demand

Gold climbed towards a five-month high on Monday as an electoral win by Greece's anti-austerity party sparked fears of renewed instability in Europe, triggering safe-haven demand for bullion. Greek leftist leader Alexis Tsipra

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Emirates to back second Greek travel road show in Dubai

Dubai-based Emirates will support the second Greek Deluxe Travel Roadshow to be held in Dubai, UAE, next month. For the second year in a row, a select delegation of some of the most luxurious hotels, resorts and tourism companies from G

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Gold falls further as dollar, equities strenghten

Gold added to overnight losses on Thursday as strength in the dollar and equities plus robust US economic data reduced the metal's appeal as a hedge, triggering further outflows from the top bullion-backed fund. Spot gold ease

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Gold climbs to 3-week high as investors seek safety

Gold hit a three-week high on Tuesday as sliding oil prices knocked stock markets and concerns simmered over Greece's future in the euro zone, prompting investors to seek out bullion as a safe store of value. European shares r

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Gold poised to end 2014 flat near $1,200

Gold edged down on higher shares on Wednesday, but was poised to end 2014 steady around $1,200 an ounce as the impact of a stronger dollar was offset by demand from investors worried about tensions in Russia and political uncertainty in Greece.

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