German unemployment rises more than expected in December

By Ritu, Capital Sands   German unemployment rose more than expected in December, data showed on Friday, adding to signs that weakness in the manufacturing sector is hurting the labor market in Europe’s biggest economy. Data from the Federal Labor Office showed the number of people out of work rose by 8,000 to 2.279 million […]

Brent jumps nearly $3 after U.S. air strike kills Iran, Iraq officials

Oil slips as surge in virus cases cloud demand recovery

By Ritu, Capital Sands Brent crude futures jumped close to $3 on Friday to their highest since September after a U.S. air strike killed key Iranian and Iraqi military personnel, raising concerns that escalating Middle East tensions may disrupt oil supplies. Brent crude futures  jumped nearly $3 to hit a high of $69.16 a barrel, […]