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Monday, 1 December 2014

Black Friday fizzles with consumers as sales tumble 11%

http://ift.tt/eA8V8J Even after doling out discounts on electronics and clothes, retailers struggled to entice shoppers to Black Friday sales events.



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World investors cut stocks and hold cash as uncertainty dominates

http://ift.tt/eA8V8J World investors eased back on their exposure to risk assets such as stocks as they grappled with divergent monetary policies and multi-speed growth paths among major world economies, a global poll shows. ...



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China Winning in OPEC Price War as Hoarding Accelerates

http://ift.tt/eA8V8J China is emerging as the winner from OPEC's battle with rival oil producers as the world's biggest energy consumer stockpiles crude. The nation's efforts to boost reserves may increase its imports by as ...



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World stocks down on China data, weak US sales

http://ift.tt/eA8V8J World stocks mostly fell Monday after a gauge of Chinese manufacturing declined and U.S. retail sales fell Thanksgiving weekend. Hong Kong stocks dived following clashes between police and pro-democracy ...



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Gold tumbles after Swiss referendum, oil hits five-year low

http://ift.tt/eA8V8J By Hideyuki Sano TOKYO (Reuters) - Gold prices tumbled on Monday after Swiss voters overwhelmingly rejected proposals to boost gold reserves in a referendum, joining a broad rout in commodities that sent ...



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OPEC Inaction Spurs Survival of Fittest as Oil Tumbles Below $65

http://ift.tt/eA8V8J West Texas Intermediate tumbled below $65 a barrel to the lowest level since July 2009 amid speculation prices have further to drop before OPEC's decision to maintain output slows U.S. shale supply. Benchmark ...



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Russian ruble takes a nosedive as oil price drops

http://ift.tt/eA8V8J Russia's ruble hit a new all-time low on Monday, dropping more than 4 percent as declining oil prices and the conflict in eastern Ukraine weigh on the country's economy. The Russian currency traded at ...



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