Author Archives
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IEA Expert says Russia, Saudi Arabia would Produce as much Oil as Possible
Both Russia and Saudi Arabia have threatened to ramp up production after less than a week ago both had said they were willing to discuss freezing oil output ahead of the doomed Doha talks last weekend. Both producers will continue… Read More ›
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China’s Commodities Futures at Center of Great Ball of Money
The commodities market is the new obsession or Chinese speculators. Exchanges in Shanghai, Dalian and Zhengzhou have been prompted to boost fees or issue warnings to investors following trading in futures on everything from steel reinforcement bars and hot-rolled coils… Read More ›
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Russia’s military moves in Syria Leaves White House Concerned
With a truce in tatters and peace talks in meltdown , reports that Russia is moving more military equipment into Syria to bolster President Bashar al-Assad has got the United States concerned. As a part of a move that may… Read More ›
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Outline Agreement Reached Between VW and US to Overcome Crisis
Taking a significant step forward in its effort to emerge from the emissions-cheating scandal, Volkswagen AG agreed to fix or buy back about 500,000 tainted cars in the U.S. The German carmaker was commended at a hearing in San Francisco… Read More ›
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As a Strategy to Monetize Posts, Facebook is Considering Launching ‘tip jar’ Application
To allow users to be able to tip small amounts of money to the pages and people they like the most, Facebook is contemplating the addition of a a virtual “tip jar” service to the world’s largest social networking platform… Read More ›
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Decline in PC Industry Forces Intel to cut up to 12,000 Jobs
As Intel Corp refocuses its business towards making microchips that power data centers and Internet connected devices and away from the declining personal computer industry it helped found, the company said it would cut up to 12,000 jobs globally, or… Read More ›
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Vista Equity Partners to Acquire Cvent, Inc. for $1.65B
Affiliates of Vista Equity Partners, a leading private equity firm focused on investments in software, data and technology-enabled businesses is all set to acquire Cvent Inc. and entered into a definitive agreement with the later for acquiring. Substantial value to… Read More ›
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Oil Traders Sweat after Doha Failure over Saudi’s Other Warning
Oil traders are weighing another implied warning from the Saudi deputy crown prince: the threat of an intensifying clash with Iran over market share, after his comments thwarted supply negotiations in Doha. Talks between 16 producing countries on April 17… Read More ›
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Alarming SUV Boom in China and the Consequences
The Chinese government hopes to boost the number of clean vehicles on the road 10-fold by the end of the decade through the spending billions on research grants, steep subsidies and new infrastructure — such as charging stations — to… Read More ›
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U.S. Supreme Court Rejects Challenge to Google Book-Scanning Project
A challenge filed in the US Supreme Court by authors who contend that Google’s massive effort to scan millions of books for an online library violates copyright law was turned down by e court on Monday as it declined to… Read More ›
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