Monthly Archives: November 2012

Goldman executives pocket $50m in share sales

Chief executive Lloyd Blankfein and David Viniar, the departing chief finance officer exercised stock options and sold shares in recent weeks  More »

Euro pares gains on Moody’s downgrades

Global stocks end a volatile month on steadier ground as uncertainty lingers over the US budget but with traders buoyed by easing eurozone tensions  More »

Germany approves new Greek bailout

Bundestag backs deal, removing an important hurdle on the path to the eurozone releasing the next tranche of funding by the middle of December  More »

Two sides in deadlock over fiscal cliff

US president will take a harsh tone against congressional Republicans, and will ask them to ‘stop holding the middle-class tax cuts hostage’  More »

Drilling industry fears ‘ripple effect’ from BP suspension

The Obama administration decision to block BP from new government contracts and offshore energy leases could ripple across the Gulf of Mexico, hurting drilling contractors throughout the region, industry groups charged Friday.  More »

Moscow’s rich buy £1m entry into UK

The number of wealthy migrants entering the UK on specialist visas designed to attract millionaire investors has jumped by 78%  More »

US banks warned on global reforms

FSB prompts biggest groups on compliance  More »

Russian Oil Production to 2020

Uncertainty whether Russia can maintain its high level of oil production continues – 10.7 million b/d in 2012 to date on average. A new more benign tax regime recently put into place and significant industry investments may plausibly enable the Russian…  More »

Carney will need to harness political skills

Part of the new BoE governor’s job will be to reassure the British people that a deeply unpopular economic strategy is heading in right direction  More »

Report: Higher costs, lower demand for power generators

A new report from the Deloitte Center for Energy Solutions makes a couple of predictions: the cost of providing electricity will go up in the future, as will the price for buying that electricity.  More »

Will Oil Take Part In The Santa Rally?

For some reason, an oddball story this week about a man and some Olympic-themed donuts struck a chord with me. To overcome his fear of repeatedly being turned down for investment in his technology start-up, Jai Jiang decided to make at least one crazy request a day for one hundred days, with the goal of becoming […]  More »

Drama as Strauss-Kahn seeks to settle

Even as French charges threaten, a play in Paris ponders events in the Sofitel hotel room in New York between the former IMF head and a chambermaid  More »
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