Search Results for: Energy
Oil extends gains above $102 on demand outlook
May 19th, 2014
The price of oil extended gains above $102 a barrel Monday on forecasts of higher global demand. Benchmark U.S. crude for June delivery was up 16 cents to $102.18 a barrel at 0620 GMT in electronic trading on the ...
Gas prices are high…
May 19th, 2014
Rumors about the demise of U.S. gasoline demand have been greatly exaggerated. Until late 2013, most energy observers forecast the world’s most reliably gas-guzzling market to consume less fuel this year. What was once thought to be a structural ...
What property investors need to know about the Law of Accumulation
May 16th, 2014
I’ve found that to succeed in property, investors must understand the Law of Accumulation, which states that everything great and worthwhile in life comes about as an accumulation of hundreds, if not thousands, of tiny efforts or sacrifices. This ...
Clifford Chance, Eversheds and Allen & Overy triumph at Middle East awards
May 16th, 2014
Clifford Chance (CC), Eversheds and Allen & Overy (A&O) were the main law firm winners at the third annual Corporate Counsel Middle East Awards last night (15 May), which saw CC named International Law Firm of the Year, while ...
France vetoes foreign investment
May 15th, 2014
The French government is broadening its authority to intervene when foreign companies want to buy firms the state considers vital, including in the sectors of transport, health and communications. The order released Thursday goes into effect immediately, potentially giving ...
Tax Reform Is Not a Fantasy
May 15th, 2014
U.S. companies are stockpiling a record amount of foreign earned profits abroad, roughly $2.1 trillion. The amount of cash held overseas by U.S. multinationals is up 93 percent since 2008. And Uncle Sam receives a near-zero return on foreign ...
Oil prices rose amid Ukraine tensions
May 12th, 2014
Oil rose above $100 per barrel on Monday amid renewed tensions over Ukraine. Benchmark U.S. crude for June delivery was up 13 cents to $100.12 a barrel at 0650 GMT in electronic trading on the New York Mercantile Exchange. ...
Ukraine refuses Russian demand for advance gas payment
May 9th, 2014
Ukraine will not pay in advance for Russian gas at Gazprom’s new, higher price, the Ukrainian Energy Minister Yuriy Prodan has said. Russia made the demand after saying Ukraine had failed to pay the bill for its April natural ...
Canadian international merchandise trade, March 2014
May 6th, 2014
Canada Statistics has issued the following data: Canada’s merchandise exports declined 1.4% in March, while imports edged up 0.4%. As a result, Canada’s trade surplus with the world narrowed from $847 million in February to $79 million in March. ...
China Buys Friends and Influences Nations
May 6th, 2014
If you can’t beat them, outspend them. That seems to be the thinking behind a huge new infrastructure investment fund being promoted by China as an alternative to established international lending agencies. It’s a terrible rationale for starting a ...
