Author Archives

• EDF Again Delays Decision on Hinkley Point C Nuclear Power Plant

  By admin2 on April 25, 2016 • ( 0 )

  

  After France’s economy minister said the country’s energy giant EDF may not give it the green light until September, the decision on whether to go ahead with the £18bn Hinkley Point C nuclear power project has been delayed again. EDF would deliver… Read More ›

• More than $2 Trillion Expected by Saudi Arabia for a 5% Stake Sale in Aramco

  By admin2 on April 25, 2016 • ( 0 )

  

  Saudi Arabia expects that a stake of its state oil giant Saudi Aramco would be valued at more than $2 trillion. The officials of  the country said this while they confirmed the plan to sell on Monday. Deputy Crown Prince Mohammed… Read More ›

• IEA Expert says Russia, Saudi Arabia would Produce as much Oil as Possible

  By admin2 on April 22, 2016 • ( 0 )

  

  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 ›

• China’s Commodities Futures at Center of Great Ball of Money

  By admin2 on April 22, 2016 • ( 0 )

  

  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 ›

• Russia’s military moves in Syria Leaves White House Concerned

  By admin2 on April 21, 2016 • ( 0 )

  

  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 ›

• Outline Agreement Reached Between VW and US to Overcome Crisis

  By admin2 on April 21, 2016 • ( 0 )

  

  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 ›

• As a Strategy to Monetize Posts, Facebook is Considering Launching ‘tip jar’ Application

  By admin2 on April 20, 2016 • ( 0 )

  

  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 ›

• Decline in PC Industry Forces Intel to cut up to 12,000 Jobs

  By admin2 on April 20, 2016 • ( 0 )

  

  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 ›

• Vista Equity Partners to Acquire Cvent, Inc. for $1.65B

  By admin2 on April 19, 2016 • ( 0 )

  

  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 ›

• Oil Traders Sweat after Doha Failure over Saudi’s Other Warning

  By admin2 on April 19, 2016 • ( 0 )

  

  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 ›