Search Results for: Oil
Halliburton Agrees To Pay $1.1 Billion To Avoid Future Claims
September 4th, 2014
Halliburton Co. has reached a settlement in U.S. District Court in New Orleans to pay $1.1 billion to resolve most of the claims against it arising from the Deepwater Horizon oil spill in the Gulf of Mexico in a ...
OSB Daily Technical Analysis – Commodities
September 4th, 2014
OSB Daily Technical Analysis for September 4, 2014 Gold traded in the 1260 area on Wednesday ending the day on a positive note after the previous days large losses. A move above 1275 and back within the recent range ...
IMF: Ukraine May Need Bigger Bailout
September 3rd, 2014
Ukraine may need as much as $19 billion in additional funds from donors if its conflict with pro-Russian separatists continues during 2015, the International Monetary Fund warned on Tuesday. Nevertheless, it said the money planned under the program is ...
OSB Daily Technical Analysis – Commodities
September 3rd, 2014
OSB Daily Technical Analysis for September 3, 2014 Gold – Gold broke down on Tuesday with a close below its short term range and support at 1275. With that in mind Gold looks like it is heading lower as ...
BP asks court to replace administrator in Gulf spill case
September 3rd, 2014
BP Plc (BP.L) asked a U.S. court on Tuesday to fire the court-appointed lawyer tasked with paying out compensation to people affected by the 2010 Gulf of Mexico oil spill, saying the lawyer had not disclosed an alleged conflict ...
Asian stocks dip, euro stuck near one-year lows
September 2nd, 2014
Asian shares slipped on Tuesday as a U.S. holiday robbed markets of momentum, while the euro hit a fresh one-year low on uncertainty over the European Central Bank’s policy decision later this week. Spreadbetters expected an effectively flat open ...
OSB Daily Technical Analysis – Commodities
September 2nd, 2014
OSB Daily Technical Analysis for September 2nd, 2014 Gold- Low trading volume day on Monday for Gold. More of the same and range bound action without much impetus to head higher or lower. Silver- Sideways trading within a tight ...
OSB Daily Technical Analysis – Commodities
September 1st, 2014
OSB Daily Technical Analysis for September 1st, 2014 Gold – Lower prices for Gold intraday with support just above the previous day’s lows. This market appears range bound for the medium term without much direction. Medium term trading range is ...
The billion-dollar fall of the house of Espirito Santo
August 29th, 2014
On June 9, with his 150-year-old Portuguese corporate dynasty close to collapse, patriarch Ricardo Espirito Santo Salgado made a desperate attempt to save it. Salgado signed two letters to Venezuela’s state oil company, which had bought $365 million in ...
Businesses Find Ways to Avoid Corporate Taxes, but a Fix Seems Unlikely
August 29th, 2014
A pharmaceutical company moved its headquarters to Ireland, sharply reducing its tax rate. A billboard company reclassified itself as a real estate concern, meaning it will no longer pay corporate taxes. And a big oil producer split itself in ...
