Statoil sells Shah Deniz stake for $2.25 billion to Petronas
October 13th, 2014
Norway’s Statoil (STL.OL) has sold its remaining 15.5 percent stake in the Azeri gas project Shah Deniz to Malaysia’s Petronas for $2.25 billion, the latest in a string of asset sales made to shore up returns to shareholders. ...
Standard Oil heirs join movement to divest In Fossil Fuels
September 23rd, 2014
The movement against investing in fossil fuels has reached a critical mass, with more than 800 individuals and institutions promising to rid their portfolios of $50 billion worth of investments in non-renewable fuels. On Sept. 22, the Rockefeller family ...
Investigation Reveals Surprising Way Foreign Governments Buy Influence In D.C.
September 9th, 2014
An investigation by The New York Times has found that several prominent Washington, D.C. think tanks have regularly taken donations from foreign entities in exchange for using their influence over U.S. policy decisions. The damning report, published in the ...
Finanstilsynet warns against unauthorised firm
August 18th, 2014
MFSA issued a press release informing that Finanstilsynet (The Financial Supervisory Authority of Norway) warns against investment offers promoted by Benison Asset Management. Finanstilsynet has been informed that Benison Asset Management (address: Minatomirai Center Building 15F, 3-6-1, Nishi-ku, Yokohama, ...
Questions raised after India Blocks WTO Trade Deal
August 1st, 2014
Several member states of the World Trade Organisation voiced frustration after India’s demands for concessions on agricultural stockpiling led to the collapse of the first major global trade reform pact in two decades. WTO ministers had already agreed the ...
Japan plans to finance foreign Coal Plants
July 29th, 2014
Following U.S’s and Europe’s negligence for supporting overseas coal projects, Japan has seize the opportunity to advance in this sector. According to the Wall Street Journal, on July 23, Japanese plans were set out in order to support coal-fired ...
European Stocks Drop for Fifth Day; Fugro Tumbles
July 10th, 2014
European stocks fell for a fifth day, as Chinese exports (CNFREXPY) missed estimates and some Federal Reserve officials expressed concern over complacency about risks in the economy. U.S. index futures and Asian shares also slid. Fugro NV sank the ...
Emerging Stocks Advance as Oil Declines While Europe Stoc
June 30th, 2014
Emerging-market stocks rose, extending the biggest quarterly advance since September 2012. Shares in Europe fell, while oil declined as continuing violence in Iraq failed to disrupt supply. The MSCI Emerging Markets Index (BUSY) climbed 0.4 percent at 7:25 a.m. ...
European companies continue to be impacted by the sovereign debt crisis
June 16th, 2014
Despite signs of improving stability in the European economy, strong headwinds from the sovereign debt crisis continue to impact corporate defaults. The sovereign debt crisis affecting much of Europe continued to impact the economic stability of the entire continent ...
Corporate tax rates table
May 16th, 2014
The following table indicates all corporate tax rates in percentage for a number of countries worldwide. Year 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Country % % % % % % % % % % Afghanistan ...
