Media ID: 55360153
Caption:
Arrangement of various world currencies including Chinese Yuan, US Dollar, Euro, British Pound, in this picture illustration taken January 25, 2011. REUTERS/Kacper Pempel/Illustration/File Photo
by Asharq Al-Awsat | Oct 21, 2016 | Business
Frankfurt-The eurozone economy should continue to improve slowly, European Central Bank President Mario Draghi said on Thursday, with inflation creeping up in the coming months. But the risks are to the downside, he said, meaning performance is more likely to be worse...
Media ID: 55348338
Caption:
Pump jacks are seen at the Lukoil company owned Imilorskoye oil field, as the sun sets, outside the West Siberian city of Kogalym, Russia, January 25, 2016. REUTERS/Sergei Karpukhin
by Asharq Al-Awsat English | Mar 10, 2016 | Business
U.S. crude hit 2016 highs on Wednesday and Brent bounced back over $40 per barrel, leading to the drop of oil prices on Thursday. Analysts are cautioning that more profit would be unwarranted as a global oversupply continues to outweigh strong demand. Expectations of...