Russian and Saudi investors cut US assets
©Getty Companies have been big buyers of their own stock for the past few years, helping to boost earnings per share Investors in Russia and Saudi Arabia cut their combined holdings of US securit...
Month: May 2016
As Beijing flexes muscles in South China Sea, Malaysia eyes harder response
© Reuters. Malaysian fishing boats moored at the Bintulu fishing jetty By Joseph Sipalan MIRI, Malaysia (Reuters) – Spotting a large vessel off the coast of Sarawak state in March, officers...
Bosses warn of Brexit impact, CBI survey shows outlook slipping
© Reuters. Britain’s Prime Minister David Cameron makes a joint appearance with Mayor of London Sadiq Khan as they launch the Britain Stronger in Europe guarantee card at Roehampton Univers...
As Beijing flexes muscles in South China Sea, Malaysia eyes harder response
Spotting a large vessel off the coast of Sarawak state in March, officers on a Malaysian patrol boat were shocked when it steamed towards them at high speed, blaring its horn before veering off to rev...
Eni CEO: We’re not taking big risks
Italian oil and gas company Eni is continuing to explore for oil but is focusing on areas it knows well, its CEO said. The article Eni CEO: We’re not taking big risks was originally published at ...
How traders are playing a possible crude oil dip
U.S. crude oil prices fell Tuesday, and “Fast Money” traders discussed how they would play a continued slide in the commodity. The article How traders are playing a possible crude oil dip...
Record new global renewable capacity installed in 2015 -report
May 31 A record amount of renewable power capacity was installed worldwide last year as solar and wind costs fell, becoming more competitive with fossil fuels, research by renewables policy organisati...
UPDATE 2-Oil tankers in limbo as Venezuela’s PDVSA fails to pay BP -sources
Four tankers carrying over 2 million barrels of U.S. crude are stuck at sea and cannot discharge at a Caribbean terminal because Venezuela’s PDVSA has not yet paid supplier BP Plc, according to ...
CANADA STOCKS-TSX turns lower as financials fall; ends month 0.8 pct higher
(Adds portfolio manager quotes, details on performance, updates prices) * TSX ended down 20.89 points, or 0.15 percent, at 14,065.78 * Index rose 0.8 percent for the month * Six of the TSX’s 10 ...
UPDATE 1-Algerian president fires central bank governor following oil price drop
Governor of the Bank of Algeria Mohammed Laksaci listens to International Monetary Fund (IMF) Managing Director Dominique Strauss-Kahn (not pictured) during a news conference in Algiers November 3, 20...