ConocoPhillips is however retaining its LNG plant located in Queensland, Australia. On Monday, ConocoPhillips, a U.S. energy company stated, it has agreed to sell the bulk of its Australian assets to Santos Ltd, a rival, for $1.39 billion. The deal… Read More ›
Month: October 2019
Male Fertility Might Be Boosted By Tomato Puree, Say Researchers
A recent study has suggested that sperm quality can be enhanced by a nutrient found in tomatoes called Lycopene. The study found a boost in the quality of the sperm of test participants, who were healthy men and who were… Read More ›
Money Markets Favored By Investors At The Highest Speed Since The Financial Crisis
According to data from FactSet and Bank of America Merrill Lynch, over the past six months, more than $322 billion has been invested in money market funds, which is the highest since the second half of 2008, financial crisis of… Read More ›
Russia expands “de-dollarisation” policy to include energy exports
Moscow aims to trim its exposure from to U.S. sanctions. On Sunday, in a significant development, Russian Economy Minister Maxim Oreshkin stated, Moscow is exploring alternatives to the U.S. dollar for energy transactions and is evaluating currency settlements in euros… Read More ›
Panel Report Severely Criticizes Boeing And FAA Over Safety Certification Of 737 Max
According to the claims of an international panel, adequate review of the new automated safety system in Boeing’s 737 Max had not been done by the US Federal Aviation Administration (FAA). Too much oversight to Boeing was delegated by the… Read More ›
App Used By Protestors In Hong Kong To Track Police Movement Removed By Apple
Pro democracy protesters of Hong Kong will no longer be able to down load a real-time mapping app used by them for tracking police movements on iPhones. Apple said in a statement that there were complaints received by it from… Read More ›
SoftBank’s Masayoshi Son Considers Change In Investment Strategy For Vision Fund 2
According to reports, the investment strategy for investment for the Vision Fund of SoftBank is being contemplated to be changed by the Japanese investment company’s CEO Masayoshi Son and wants to focus more on companies that have established and very… Read More ›
China hoping for partial trade deal, respite from U.S. tariffs
It is important to note that concessions made by China are largely insignificant and non-systemic. U.S. demands that it stops the forcible transfer of U.S. technology to Chinese firms, stop industrial espionage, stop non-compliance of U.S. intellectual property rights, have… Read More ›
JPMorgan sees 50% possibility of a Brexit deal being struck by Britain and the EU
While earlier it had placed this likelihood at just 5%, following Boris Johnson’s upbeat meeting with his Irish counterpart Leo Varadkar, the bank has placed the likelihood of a deal at 50%. On Friday JPMorgan stated, it now expects Britain… Read More ›
Indonesia to file WTO complaint against EU in November over palm oil
Earlier this year the EU had issued a policy directive, known as RED II, citing excessive deforestation because of cultivation of palm oil. On Friday, Wisnu Wardhana, foreign trade director general at Indonesia’s Trade Ministry stated, the government is aiming… Read More ›