Business


OECD Says Global Growth 'Better But Not Good Enough

It added: "EU-financed public investment should soon regain momentum, and strong business sentiment and low real interest rates are expected to support business investment". The think tank said the ultra-easy monetary policy stance of the European Central bank remains appropriate as inflation is still well below the bank's "below, but close to 2 percent" target.


Saudi minister says Qatar must end support for Hamas, Muslim Brotherhood

Saudi minister says Qatar must end support for Hamas, Muslim Brotherhood

Inchcape Shipping Services (ISS) is advising of a number of changes to port operations following the announcement that The United Arab Emirates, Saudi Arabia, Egypt and Bahrain have severed diplomatic ties with Qatar. Al-Udeid, located in the Qatari desert, is home to some 10,000 USA troops and is a crucial hub in the fight against Islamic State group extremists in Syria and Iraq.


Barrick Gold Corp (ABX) Given a $15.00 Price Target at Berenberg Bank

Barrick Gold Corp (ABX) Given a $15.00 Price Target at Berenberg Bank

Analysts reported that the Price Target for Barrick Gold Corporation might touch $27.2 high while the Average Price Target and Low price Target is $20.9 and $15 respectively. This represents a $0.12 dividend on an annualized basis and a yield of 0.74%. Fool.ca's news article titled: "Bullion Investors: Is it Time to Buy Barrick Gold Corp.?" with publication date: June 05, 2017 was also an interesting one.



Marks and Spencer Group Plc (MKS) Rating Reiterated by Liberum Capital

JPMorgan Chase & Co. raised their price objective on Barclays PLC from GBX 215 ($2.80) to GBX 225 ($2.93) and gave the company a " neutral" rating in a report on Wednesday, March 1st. The stock of Mondi Plc (LON:MNDI) earned "Overweight" rating by JP Morgan on Friday, May 12. The stock has "Hold" rating by Jefferies on Monday, September 21.



China Slams Moody's Credit Rating Downgrade Over Debt

Financial Secretary Paul Chan said he strongly disagreed with the rating agency's decision to "mechanically downgrade" Hong Kong's local currency and foreign currency issuer ratings by one notch to Aa2 from Aa1 shortly after cutting China's rating on Wednesday.