Asian economies and electric carmakers are going to be key players in this unfolding scenario. Oil and auto executives have disclosed, with India and China shifting their focus from gas-guzzling gasoline engine powered cars to electric vehicles, demand for gasoline… Read More ›
In order to harvest fields that register fat profits even with the recent drop in oil prices, U.S. shale explorers are boosting drilling budgets 10 times faster than the rest of the world. According to analysts at Barclay’s Plc., compared with just… Read More ›
Here are highlights of the Chatham House’s report which delves into Britain’s energy future. Chatham House, a think tank is of the opinion, it would benefit Britain if she were to remain in EU’s energy market and carbon trading scheme… Read More ›
Increase in ICOs have had a significant impact on the price surge of bitcoins. With demands for the crypto currency soaring, bitcoins hit a record high on Tuesday helped by the creation of new tokens for raising funds for blockchain… Read More ›
Shares in Corticeira Amorim, the world’s largest cork producer, didn’t look like a great bet even a decade ago. Screw tops and plastic stoppers were the cheaper products that were being flirted with by its biggest customer, the wine industry,… Read More ›
The International Monetary Fund (IMF) warned in a new report on Tuesday that the medium-term picture in the Asia Pacific region is weighed down by an aging population and sluggish productivity even though the global financial agency says that the long-term… Read More ›
Based on Theresa May’s Brexit stance, most large banks in Britain are working on the assumption that that the most likely outcome of Brexit will be Britain losing its access to EU’s single market and resulting in ‘Hard Brexit’. As… Read More ›
The price of bitcoin could go as high as $4,000 over the next 14 months and according to one investor this cryptocurrency is “fully valued” and could see a pullback in the short term after hitting $1,600 for the first… Read More ›
The youngest leader in the G7, Macron’s win essentially consolidates the irreversible progressive consolidation of unity against a backdrop of disruptive elements. With Emmanuel Macron wining the French elections, investment markets in Europe were in a celebratory mode. Although polls… Read More ›
OPEC has little choice but to stick with its plan to boost oil prices by cutting production, even though that plans seems to have fizzled. Since the Organization of Petroleum Exporting Countries first agreed production cuts in November, crude has surrendered… Read More ›
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