IAG

Central Bank Gold Demand To Hit Highest Level Since 1964

Gold Eases With Stocks, Euro As Risk Appetite Wanes
Demand for gold by central banks and official sector institutions were more than double the level reported a year ago, as emerging market central banks continue to gobble up gold due to concerns about fiat currencies, such as the U.S. dollar and especially the euro, according to World Gold Council data released Thursday.
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Molten gold

Gold, Silver Suffer Three Straight Days Of Declines

The precious metals market followed Wall Street's skid today, as gold and companies that peddle it were driven down by underwhelming retail figures in the U.S., and ongoing concerns over Greece and the Eurozone.
Gold bars

Shares of Gold, Silver Miners Up While Broader Market Struggles

Precious metals enjoyed a steady climb on Thursday despite a slow day for the broader market, as gold futures reached an eight-week high while the dollar fell briefly and concerns about the Greek debt crisis subsided slightly.
COMEX trader

Gold Mining Stocks Slightly up on Choppy Trading

Gold mining stocks fluctuated around the unchanged mark during regular-session trading on Thursday, as miners tracked the price of physical gold, which saw some choppy trading itself.
Richard Branson Slams IAG’s Acquisition of BMI Deal

Richard Branson Slams IAG’s Acquisition of BMI Deal

Virgin Group owner, Richard Branson has slammed a $270 million acquisition deal by rival company, International Airlines Group (IAG) saying that the approval of the deal will mean higher prices for flyers.
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Top After-Market NYSE Movers (ANW, TNK, FTK, HOV, AUO, NRF, IAG, NQ, SVM, TLM)

The top after-market NYSE gainers on Wednesday are: Aegean Marine Petroleum, Teekay Tankers, Flotek Industries, Hovnanian Enterprises and AU Optronics Corp. The top after-market NYSE losers are: Northstar Realty Finance, Iamgold, NetQin Mobile, Silvercorp Metals and Talisman Energy.
International Business Times Logo

NZ quake hits shares of Australia banks, insurers

Shares in Australian banks and insurers fell between 1.4 and over 2.7 percent after a strong quake hit New Zealand's second-biggest city of Christchurch on Tuesday for the second time in five months.
British Airways cabin crew picket at Heathrow Airport in London

Union to re-run BA cabin crew strike ballot

The union representing British Airways BAY.L cabin crew said on Tuesday it planned to ballot members again on taking strike action after saying a recent vote was potentially invalid. Cabin crew voted last month to hold further strikes in a long-running dispute which has already cost the airline some 150 million pounds.

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