Thursday 8 October 2015

Higher oil forecasts hint Opec tactics are paying off

The world's three big energy agencies are forecasting higher demand for Opec's crude oil this year, a sign the producing nations' strategy to let prices fall is starting to win them back market share from rivals who are cutting outpu


Mena ad spend set to grow 5.5pc in 2013

The Mena region is seeing a substantial increase in interest from international and domestic advertisers and the advertising expenditure is expected to grow 5.5 per cent in 2013, a report said. This ad spend will firm up to 6.8 pe


Opec cuts oil demand view, supply gap shrinks

Opec cut its forecast for global oil demand growth next year because of a worsening economic outlook and said a disappointing economic performance in top consumer the United States could further weigh on fuel use.  The Organization of


Intel posts $2.3bn Q4 profit, trounces forecasts

Intel Corp, the world's largest microchip maker, crushed Wall Street forecasts with a 875 per cent jump (almost a nine-fold increase) in 2009 fourth quarter net income which hit $2.3 billion when compared to $234 million the previous year

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