Sometimes, announcements from the ECB and the following press conference with bank president Mario Draghi can be interesting occasions that leave us with plenty to discuss – such as the time in April 2015 when a protestor attacked Draghi with glitter and confetti before he had a chance to make his comments. The interest rate announcement on the 19th of January in Frankfurt, … [Read more...] about How Did the Markets React to the ECB’s Interest Rate Announcements, and Mario Draghi’s Press Conference?
ASX
Gas find In India by Australian company Oilex
Oilex of Australia Finds Gas in Gujarat Stocks in Mumbai extended gains for the second day. Oilex of Australia strikes large reserves of gas in Gujarat. Indian Oil to expand its refinery production by 25% in North India. UAE based Etisalat may invest in Idea Cellular. Australia’s Oilex Ltd said on Monday it made huge natural gas discovery in Gujarat that may hold over 1.5 … [Read more...] about Gas find In India by Australian company Oilex
The Eventual split in fosters.
Foster’s Group said Wednesday that it would split its beer and wine businesses, and sending the company’s stocks leaping. Fosters is popular for its local beer business and international wine operations Splitting Foster’s Wine and Beer Business The Alcohol and spirit company, which is the largest alcoholic beverage maker in Australia, said in its “demerger proposal” filed … [Read more...] about The Eventual split in fosters.