Brent rises amid political upheaval

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Source: Bloomberg
© Scanpix/RS
Brent crude increased on Thursday trading session amid concerns that the level of oil production in Libya may fall amid political upheaval as the country's prime minister was detained and removed from Tripoli hotel. Brent for settlement in November gained $1.08 to $110.14 a barrel on the London's ICE Futures Europe Exchange and it was at $109.75 as of 9:50 a.m. in London.

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Thu, 10 Oct 2013 10:18:04 GMT

Asian shares drop for third successive day

Asian equities surged on Thursday rising for the third straight day as the local benchmark index is set to reach the longest rally in a month mainly due to an increase of health care companies and as Yen weakened. MCSI Asia Pacific Index advanced 0.2% to 139.25 at 5:15 p.m. Tokyo time following a 0.3% drop recorded earlier on the

Wed, 09 Oct 2013 19:34:03 GMT

UK recession is over, depression likely to continue: NIESR

Recession of the United Kingdom's economy is over if the output keeps increasing, however, the period of depression is more likely to continue, a survey revealed by the National Institute of Economic and Social Research showed on Wednesday. Performance of the UK's economy recorded a 0.8% growth in the Q3, while in the three months to August it added 0.9%.

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