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Friday 9 May 2025

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Context on Markets
News Scottish economy to see 2-11 billion pounds Brexit hit, government says

Leaving the European Union will sap Scotland's economy by between 1.7 and 11.2 billion pounds ($14.76 billion) by 2030, depending on which new trade relationship Britain chooses, the Scottish government said on Tuesday.

  • August 23, 2016
News EU requests WTO panel over spirits dispute with Colombia

The European Union has requested the establishment of a World Trade Organization (WTO) panel to rule on a dispute with Colombia over what Brussels says are discriminatory measures against spirits made by European drinks companies.

  • August 22, 2016
News WTO backs EU in row over Russian import ban on pigs, pork

A World Trade Organization (WTO) panel on Friday backed the European Union (EU) in a two-year dispute over Russia's ban on pig and pork imports from the bloc.

  • August 20, 2016
News Norway's PM softens stance on Britain joining EFTA

Norwegian Prime Minister Erna Solberg said she saw some advantages if Britain joined the four-nation European Free Trade Association (EFTA) after quitting the EU, qualifying past doubts about British membership.

  • August 18, 2016
News Oil at five-week high as OPEC sources, Russia, talk of cooperation

Oil settled up nearly 2 percent on Tuesday, hitting five-week highs for a second straight day as sources at OPEC spoke of Saudi Arabia's apparent desire for higher crude prices while Russia met the producer group to discuss the market.

  • August 16, 2016
News OPEC deal a tough task, as oil output freeze expectations rise

OPEC will probably revive talks on freezing oil output levels when it meets non-OPEC nations next month as top exporter Saudi Arabia appears to want higher prices, according to OPEC sources, although Iran, Iraq and Russia present obstacles to a deal.

  • August 15, 2016
News Modest euro zone economic growth masks diverging performance around bloc

Euro zone economic growth halved in the second quarter to a modest pace, as a mild slowdown in Germany was overshadowed by a surprise stagnation in Italy, offering scant hope of a decisive rebound for the currency bloc as a whole any time soon.

  • August 12, 2016
News Euro zone business growth picks up slightly but still muted

Euro zone business activity expanded a touch faster than expected last month as the region appeared, so far, to have largely shrugged off Britain's vote to leave the European Union, a survey found.

  • August 3, 2016
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