Updates

Nigeria, Saudi Arabia Committed to Oil Price Stability – Buhari’s Spokesman

By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria and Saudi Arabia are committed to a “stable oil market” and efforts to support the price rebound, according to a Reuters report on Tuesday. The report which quoted Garba Shehu, spokesman to President Muhammadu Buhari who is in Riyadh to discuss with Saudi Arabia’s King Salman […]

LSE confirms in merger talks with Deutsche Boerse

Tue Feb 23, 2016/Reuters London/Frankfurt | By Ludwig Burger and Andreas Kröner Deutsche Boerse (DB1Gn.DE) and the London Stock Exchange (LSE.L) are taking a fresh run at a merger that would create a large European exchange operator potentially capable of facing down strong competition from the United States and Asia. […]

Wall Street extends losses as oil slides further

Tue Feb 23, 2016/Reuters By Abhiram Nandakumar Wall Street slipped on Tuesday, in tandem with a renewed slide in oil prices, as yet another rally failed to take off in what has been a turbulent year so far for markets. Saudi Oil Minister Ali Al-Naimi told global energy executives on […]