The demand for light sweet crude, with lower sulfur content, is set to peak in the near future. On Monday, an executive from Enterprise Products disclosed that the demand for U.S. light sweet crude is could potentially go northwards since… Read More ›
California’s governor is taking the lead in setting voluntary agreements that fight global warming and climate change. Jerry Brown, California’s Governor disclosed on Thursday that he would discuss the issue of merging carbon trading markets in California when he travels… Read More ›
With the ‘summer driving’ season set to officially kick off on Memorial Day holiday, U.S. crude futures are peaking. However the international benchmark Brent crude futures prices have largely remained unaffected by this localised event. With a strong start to… Read More ›
While end users will benefit, insurers will have to bite the bitter pill of additional costs. With the introduction of uniform international book-keeping standard, details of which are to be published on Thursday, slated to take place from January… Read More ›
Larry Fink sees the waters in the asset management scene as choppy in the short run. Larry Fink, the CEO of the BlackRock Inc, the world’s largest asset manager, has said he sees a wave of mergers and acquisitions taking… Read More ›
General Motor’s decision to sell its Opel brand signifies its CEO’s vision to focus on the company’s Return on Investment rather than sales volume as a measure of GM’s success. For General Motors, putting its European operations up for sale… Read More ›
With Donald Trump playing the home card, and with a disgruntled Britain opting out of the European Union, China seeks to capitalize on the billions it has sunk in on its much vaunted Silk Road program by presenting it as… Read More ›
In an increasingly interconnected world, where countries across continents have come together to collaborate and knit closer ties, the move to focus, and concentrate economic resources and energies could turn out to be regressive. In a strategic shift, U.S. President… Read More ›
The combined company will be headquartered in Paris and will be listed in the Paris Stock Exchange. As per two sources familiar with the knowledge at hand, France’s Essilor and Italy’s Luxottica have agreed to combine forces in order to… Read More ›
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