European stocks tread water as energy offsets industrial

Note: This section contains information in English only.
Source: Bloomberg
European shares traded in a tight range, with the Stoxx Europe 600 Index setting for a weekly gain, while drops in energy stocks offset advances in industrial companies. The Stoxx 600 lost 0.1% to 395.01 as of 10:08 a.m. London time, while the equity gauge is setting to its weekly rise of 0.2%, since the weaker Euro currency spurred exporters.
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Fri, 13 Mar 2015 14:30:07 GMT

Pimco is expecting steel demand decrease in China

The Pacific Investment Management Co., announced its gloomy forecasts on the future demand for Chinese steel, since the real-estate market is slowing, thus affecting on the iron ore prices. Meanwhile, China is producing around half of a global steel production and is the major consumer of iron ore, which plunged to its record lows, since 2008 during this week.

Fri, 13 Mar 2015 14:09:04 GMT

Chinese carbon emissions level decrease for the first time in 14 years

The total amount of carbon dioxide, in China, decreased by 2% in the preceding year, showing the first decline since 2001, and giving hopes, that air pollution preventing measures are working. Moreover, the demand for coal is decreasing, while other fuels are consumed more, these reasons, also help to curb level of pollution.

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