(NEW YORK, USA) – Oil prices rose slightly on Friday, 14 August, after the United States threatened an indefinite naval blockade of Iran. The move revived concerns about crude oil supplies. Brent crude futures gained 1 cent, or 0.1 percent, to 87.08 US dollars per barrel. West Texas Intermediate crudeContinue Reading
(SYDNEY, AUSTRALIA) – The Australian sharemarket closed lower on Thursday as falls in major companies including Commonwealth Bank, Rio Tinto and Telstra outweighed gains elsewhere. The S&P/ASX 200 lost 20.90 points, or 0.2%, to close at 9188.50. Six of the 11 industry sectors finished in the red. The index trimmedContinue Reading
(LONDON, UK) – Oil prices fell on Thursday after gains in previous sessions. Attention shifted to expectations of weaker global demand this year, while no progress was made on reopening the Strait of Hormuz. Brent crude futures fell by 42 cents, or 0.47 percent, to $88.56 per barrel by 04:05Continue Reading
(SARAJEVO, BOSNIA AND HERZEGOVINA) – Ukraine sent Bosnia and Herzegovina the text of a free trade agreement between the two countries in January and is waiting for a response. Ukraine’s Ambassador to Bosnia and Herzegovina, Volodymyr Bachynskyi, said this in an interview with media. The diplomat said transport liberalisation wouldContinue Reading
(LONDON, UK) – Oil prices rose slightly on Wednesday, 12 August, amid doubts over a peace deal between the United States and Iran and attacks on two vessels. The developments strengthened concerns about supply disruptions in the Middle East, even as US crude oil inventories increased. Brent crude futures roseContinue Reading
(NAIROBI, KENYA) – Nine small stocks at the Nairobi Securities Exchange have shed KES 2.25 billion in valuation this year. That is equal to $17.4 million or £13.7 million at current exchange rates. The losses run against the general market rally that has handed investors in other companies KES 1Continue Reading
(MONTREAL, CANADA) – Air Canada shares rose sharply on Wednesday after the country’s largest airline agreed to sell a 25% stake in its Aeroplan loyalty programme to Blackstone and a group of Canadian pension funds for C$2.5 billion, giving the carrier a major cash injection as high fuel costs areContinue Reading
(KYIV, UKRAINE) – The National Bank of Ukraine set the official exchange rate of the hryvnia against the US dollar at UAH 44.86 per dollar on 12 August, a slight weakening of 3 kopiyok from the previous day, while the euro edged lower. The official rate for the euro wasContinue Reading
(KYIV, UKRAINE) – Ukraine’s Ministry of Finance raised almost UAH 2.3 billion (USD 51.3 million / GBP 40.1 million / EUR 46.7 million) for the state budget at its latest auction of domestic government bonds on Tuesday. The ministry offered hryvnia-denominated bonds across three maturities. A one-year bond maturing inContinue Reading
(KYIV, UKRAINE) – The National Bank of Ukraine has set the official exchange rate for 12 August, showing the hryvnia weakening marginally against the US dollar while firming slightly versus the euro. The official rate for the US dollar was fixed at UAH 44.86, a loss of 3 kopiykas forContinue Reading
