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Wall Street´s best year ends

Without a doubt, this has been the big year of Wall Street, the financial markets of the United States, and it is coming to the end, but with hopeful for 2014. In fact, it is expected a repeat performance for the coming year. Then, economic growth could accelerate the next year. Although the market, will

Nokia buys Alcatel in an all-share deal

Nokia buys its smaller French rival Alcatel-Lucent at 16.6 billion in an all-share deal. This way, it will try to compete with Ericson, which is the market leader. The deal will redefine a sector that suffers pressure from low-cost companies which are ZTE and Huawei. According to Bernstein Research, Nokia and Alcatel (with this combination)

Oil prices rose today

Oil prices rose today and posts weekly gain on lift. This happen although there were lowered expectations that a settlement on a nuclear program of Iran will result in a quick return of more barrels from that country to market. To have a better idea of what happened today we will give you some data:

Putin says that Greece didn’t ask for economic support

Prime Minister of Greece, Alexis Tsipras, discarted today to apply for financial aid to Russia during his meeting with the President Vladimir Putin, but Moscow could provide loans to joint projects in the future. “Greece has not asked for financial aid to Russia. We’ve talked to perform various investments in the field of infrastructure, transport

Oil prices surged today after Saudi air strikes in Yemen

Oil prices surged today after Saudi air strikes in Yemen. In fact, the prices of the Brent crude (the major trading classification of sweet light crude oil which serves as the principal benchmark price for purchases of oil) increased up nearly 6 percent today and this happen after a military operation in Yemen began by

The Fed moved a step closer to hiking rates today

The Federal Reserve (Fed) opens door wider for rate hike, but on the other side, it has downgraded its inflation projections and economy growth. The Fed considers is not urgent to push borrowing costs to more normal levels. The Fed moved a step closer to hiking rates today and it has happened since 2006. The

The response to the decision of the Swiss National Bank after six weeks

The central bank of Switzerland is under a scrutiny after six weeks from taking the important decision that turned into a fateful one for some people. The bank is also criticized for its old ownership structure and its insular policy practices. But what happened six weeks ago? What was that decision about? On January 15th,

T-Mobile and the request to the Federal Communications Commission

The company T-Mobile asks the United States to change rules regarding the auction of airwaves. In fact, the chief executive today considers the current U.S. sale of airwaves not convenient for American consumers. He has called it, as “a disaster”. He refers to the rules that allowed Dish Network Corp to mate with companies which

Economic growth in Germany

The economy grew in Germany, more than expected. Other events around this situation are the optimism of Greece to reach an agreement with its creditors soon. Also, stock markets rose around the world, and oil prices increased on signs that excess supply can go down. As we said, the above events are quite different than

Oil prices went down and Brent fell below $55 per barrel

The oil went down after record U.S. crude stocks. In addition, the benchmark Brent oil LCOc1 fell below the $55 per barrel support level. In fact, oil prices in the United States fell more than 3% today and it happened after the United States stockpiles hit record highs. Regarding the above issue, traders and analysts

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