Jahan Zayb

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Oil prices fall as rally falters on growing U.S. output concerns | Reuters

Houston (Reuters) - Oil prices ended down on Friday and broke a four-week winning streak after a rally that had taken benchmarks to three-year highs, as investors sold positions on re-emerging U.S. production concerns.<p>FILE PHOTO: A worker walks past a pump jack on an oil field owned by Bashneft in …

Oil

U.S. shutdown fears pressure dollar, mark worst run since 2015 | Reuters

NEW YORK (Reuters) - The dollar held steady above a three-year low versus a basket of currencies on Friday, marking a fifth week of falls and its longest losing streak since May 2015 as worries over a possible U.S. government shutdown weighed.<p>Bundles of banknotes of U.S. Dollar are pictured at a …

Economics

HSBC to pay $101.5m to settle currency rigging probe

<b>HSBC has agreed to pay $101.1m (£72.7m) to settle a US criminal investigation into rigged currency transactions.</b><p>The bank has admitted its traders twice misused confidential information provided to them by clients for its own profit.<p>HSBC, which is Europe's biggest bank, saw one of its former bankers …

Corruption

This Week in Watches

This Week in Watches features Armin Strom, Ulysse Nardin and H. Moser & Cie.<p>Armin Strom<br>Tourbillon Skeleton<p>Made to honor the brand’s namesake and master skeletonizer, this new 43.4mm gold watch’s PVD colorized mainplate emphasizes the caliber’s layered construction. Along with the constant rotation …

Watches

Chinese buy up bottles of fresh air from Canada

Canadian company which started out bottling Rocky Mountains air as a joke has seen its product fly off the shelves in pollution-hit China, with first shipment selling out in four days<p>A Canadian start-up company bottling fresh air from the Rocky Mountains has seen sales to China soar because of …