In the early years of the oil industry, prices moved sharply with the discovery of a new, large oil field or the sudden decline of an existing producer. Producers were like farmers, prey to things happening
Not all bear markets are created equal. Some matter and some do not. The technical definition of a bear market, a 20pc decline in the share index, can be of little importance if it does no long-term damage
Business News MOSCOW — Regular Russians are caught in a perfect economic storm as their salaries drop while rent and food prices are on the rise. Even taxes look set to jump. The main reason for the ongoing
According to Bloomberg, outstanding loans for companies and households stood at a record 207% of gross domestic product at the end of June, nearly double the 125% level seen in 2008. Having delivered rate
What 2014 sporting event had more viewers than the NBA Finals (18 million), the NCAA men’s basketball championship (21.2 million), and the World Series (23.5 million)? If you guessed the Super Bowl (111.5
(CNN) — British military advisers are training Ukrainian troops in Ukraine, the UK said Thursday, as part of efforts to support the government in Kiev as it combats pro-Russian separatists in the east.