A man walks by an electronic stock board of a securities firm in Tokyo, Friday, Dec. 26, 2014. showing Japan's Nikkei 225 stock index that edged 9.93 points higher to 17,818.68 while the U.S.
(Adds detail). MOSCOW Dec 26 (Reuters) - Russia's rouble rose on Friday to its strongest levels in more than three weeks, in a sharp rebound from its recent all-time lows, after the government ordered exporters to sell some of their hard currency revenues.
What came as a surprise wasn't that banks now have an enlarged regulatory deposit base to loan against, but that the banks won't have to hold a portion of those additional deposits with the central bank.
Strategically, North American shale oil will be one of the biggest beneficiaries of the current industry downcycle. The most damaging impact will be on long lead-time mega-projects, particularly in high political risk areas.
45 Philadelphian taxi companies have filed a lawsuit against Uber, a taxi enterprise that's app-based. Text size: Small · Medium · Large.