Search Results for: Total
Iran-France oil contract to take effect Feb 16
February 9th, 2016
France’s energy giant Total will start importing 160,000 barrels per day (b/d) of crude oil from Iran later this month, Iran’s petroleum minister says. Bijan Zangeneh said an agreement, signed last month in Paris between National Iranian Oil Company ...
Saudi economy is resilient, says World Bank expert
February 8th, 2016
Saudi Arabia has five years’ worth of reserves at current spending levels and oil prices, Shantayanan Devarajan, chief economist of the World Bank’s Middle East and North Africa Region said in an interview with Tass. “The fact is that ...
Frankfurt becomes Bundesbank’s largest gold storage location
February 8th, 2016
The Bundesbank successfully continued its transfers of gold last year. In 2015, 210 tonnes of gold were transferred to Frankfurt am Main from storage locations abroad: around 110 tonnes from Paris and just under 100 tonnes from New York. “With approximately 1,403 tonnes ...
Dot-Com Bubble 2.0 Is Bursting: Tech Stocks Are Already Down Half A Trillion Dollars Since Mid-2015
February 8th, 2016
Do you remember how much stocks went down when the first dot-com bubble burst? Well, it is happening again, and tech stocks are already down more than half a trillion dollars since the middle of 2015. On Friday, the ...
Accenture, PwC, Deloitte, IBM & KPMG: Which consulting firm is best for you?
February 8th, 2016
List: Hybrid IT is on the rise and the complexities of digital transformation mean that consulting firms have an important role to play in simplifying the process. In the early weeks of 2016 there have been a number of ...
LinkedIn reports 2015 results; Revenue increased 35% in 2015 to $2,991 million
February 8th, 2016
LinkedIn Corporation (NYSE: LNKD), the world’s largest professional network on the Internet, reported results for the fourth quarter and full year 2015. “Q4 was a strong quarter for LinkedIn, bringing to a close a successful year of growth and ...
Bitcoin: A 21st Century Currency Explained By a Wall Street Veteran
February 8th, 2016
Jason Leibowitz is a former Wall Street professional who pivoted careers in 2014 to focus full-time on digital currency. In this paper, Leibowitz answers questions about how bitcoin was created, how it works and why it matters. It has been ...
CME Group reports average daily volume reached a record 14.0 million contracts in 2015
February 8th, 2016
CME Group has issued a report to announce Fourth-Quarter 2015 and Full-Year 2015 Financial Results. Total average daily volume reached a record 14.0 million contracts in 2015, achieving annual records in energy, agricultural commodities, total options and electronic options ...
VW faces tougher Justice Department while GM and Toyota settled criminal charges without pleading guilty
February 8th, 2016
Government making `big deal’ of company’s emissions cheating GM, Toyota settled criminal charges without pleading guilty No one has died from the emissions-cheating software Volkswagen AG has admitted it installed in some of its cars, yet the U.S. Justice ...
Oil Trades Near $31 After Saudi-Venezuela Talks as Bets Increase
February 8th, 2016
Al-Naimi speaks with counterpart about other producer meetings Vitol CEO says crude to stay between $40 and $60 for 10 years Oil traded near $31 a barrel after Saudi Arabia and Venezuela met to discuss cooperating to stabilize the ...
