Sectors
Saudi Minister Announces Near End Oil Price Down
Khalid al-Falih, Saudi Oil Minister, said that market fundamentals in terms of supply and demand have begun to improve despite the current down cycle which is nearing to an end.
Reynolds Deal For British American Tobacco Revival
Last week’s $47 billion offer by British American Tobacco PLC for full control of Reynolds American Inc., if accepted, could give the London-based giant a chance to catch up in a technological race that is reshaping the industry.
Banks Preparing To Leave Brexit Britain
Anthony Browne, the chief executive of the British Bankers’ Association said that investors are eyeing to relocate and provide services across Europe. The banks have called settlements for transition to be put in place after Britain leaves the EU. He said that among the sector banking was probably more affected by Brexit than any other sector in economy.
Gov't Neglects Real Sector In Appropriate Bill
Minority in parliament has critized the government for not investing in the real sectors of the economy.