OECD estimates modest global growth in morose business climate in eurozone

November 26, 2014 7:03 am· Comments Off on OECD estimates modest global growth in morose business climate in eurozone 

PARIS, Nov 26 — In its latest outlook report released on Tuesday, the Organization for Economic Cooperation and Development (OECD) saw modest growth of the global economy in the coming two years with high risks of a volatile financial market and high joblessness in the eurozone.

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Iran, Russia keen to cooperate on oil market

November 26, 2014 7:03 am· Comments Off on Iran, Russia keen to cooperate on oil market 

TEHRAN, Nov. 26 — Iran and Russia will cooperate to regulate oil market to their own favor, local media reported on Tuesday.

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Crude prices drop on low expectation of OPEC cut

November 26, 2014 7:03 am· Comments Off on Crude prices drop on low expectation of OPEC cut 

NEW YORK, Nov. 26 — Crude prices retreated Tuesday as expectation waned that the Organization of Petroleum Exporting Countries (OPEC) would reach an agreement to cut output at a meeting this week.

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S&P 500 hits record intraday high after solid GDP data

November 26, 2014 7:03 am· Comments Off on S&P 500 hits record intraday high after solid GDP data 

NEW YORK, Nov. 26 — U.S. stocks closed little changed after fluctuating narrowly Tuesday, with the S&P 500 touching an all-time intraday high, as U.S. real gross domestic product (GDP) came out well above market expectations.

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Russia enacts anti-offshore tax legislation

November 26, 2014 7:03 am· Comments Off on Russia enacts anti-offshore tax legislation 

MOSCOW, Nov. 26 — Russian entrepreneurs must report to tax authorities about their ownership of shares in the off- shore jurisdictions, according to the law signed by President Vladimir Putin on Tuesday.

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Finnish gov't to launch trial incentive scheme for car scrappage

November 26, 2014 7:03 am· Comments Off on Finnish gov't to launch trial incentive scheme for car scrappage 

HELSINKI, Nov. 26 — Finnish government plans to launch a trial incentive program for car scrappage aimed at promoting car sales, as well as lowering emissions and improving traffic safety, reported Finnish national broadcaster YLE on Tuesday.

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Chicago agricultural commodities close higher

November 26, 2014 6:59 am· Comments Off on Chicago agricultural commodities close higher 

CHICAGO, Nov. 26 — Chicago agricultural commodities rose across the board Tuesday by large margins.

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Finland considers drastic measures to stop entry of African swine fever pest

November 26, 2014 6:59 am· Comments Off on Finland considers drastic measures to stop entry of African swine fever pest 

HELSINKI, Nov. 26 — Finland is considering drastic measures to stop the entry of the African swine fever pest into Finland in order to safeguard continued exports of pork.

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Algeria steps up control on Libyan border over attack threat

November 26, 2014 6:59 am· Comments Off on Algeria steps up control on Libyan border over attack threat 

ALGIERS, Nov. 26 — Algerian army have stepped up control along the country's borderline with Libya over security reports of potential terror attacks, a security source revealed to Xinhua on Tuesday.

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Turkey, U.S. wide apart on how to battle IS

November 26, 2014 6:59 am· Comments Off on Turkey, U.S. wide apart on how to battle IS 

ANKARA, Nov 26 — The divergence between Turkey and the United States on the strategy to battle the Islamic State (IS) threat remains largely intact even after U.S. Vice President Joe Biden's two-day visit in the Turkish coastal city of Istanbul.

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