Search For Keyword.

Business

Wall Street gives up gains after Germany bomb scare

n">U.S. stocks forfeited gains on Tuesday after a soccer match between Germany and the Netherlands was called off over fears of a bombing. All three major U.S. indexes had ventured into positive territory following upbeat earnings reports from Wal-Mart ( WMT.N ) and Home...

Inside ISIS Inc: The journey of a barrel of oil

  (Zaman Al Wasl - Financial Times )- U.S. led air strikes in Syria have inflicted "significant damage" to Islamic State's ability to fund itself, the Pentagon said on Friday. Recent strikes in an air operation dubbed "Tidal Wave II" have been concentrated on oil facilities in the Deir...

IMF says risks higher if Fed hikes rate early

Washington (AFP) - An early interest rate hike by the US Federal Reserve would involve higher risks than would waiting a bit longer, the chief economist of the International Monetary Fund told AFP. "I'm not sure that the risks of acting are gigantic, but they're certainly higher,"...

Turkey: Economic growth forecast at 3 pct in 2015: EBRD

The European Bank for Reconstruction and Development forecast growth for Turkey at 3 percent in 2015, in a report released on Thursday. The European Bank for Reconstruction and Development (EBRD) expects the Turkish economy to grow 3 per cent in 2015 and 2.8 per cent in 2016, below the...