Daily Archives: January 10, 2013
EPA raps Shell for Arctic air violations
The Environmental Protection Agency on Thursday rapped Shell Oil Co., for violating the terms of air pollution permits governing emissions from its drilling rigs and support vessels operating in Arctic waters last year. More »
Lifeboats may be leaking fuel in Arctic waters
Lifeboats swept from Shell’s Kulluk drilling rig as it was battered by stormy seas may have leaked as much as 272 gallons of diesel fuel along an Alaskan island’s shores, according to Coast Guard officials More »
Cold weather fuels Chinese inflation
Consumer prices post biggest rise in seven months in December, sparking fears accelerating inflation could limit Beijing’s room to stimulate economy More »
RBS eyes bonus pot to recoup Libor losses
UK bank, which is in late-stage talks with regulators, may seek to divert up to £150m of the 2012 bonus pool to fund a fine expected to top £300m More »
Java flaw poses malware threat to PC users
The vulnerability is prompting calls for PC and Mac users to disable Java on their computers More »
SAP takes on Oracle with database move
German software group’s move comes sooner than expected and at a time when it high-speed database, Hana, is still in its early stages More »
Kinder Morgan to grow Trans Mountain pipeline expansion
The Trans Mountain oil-pipeline expansion will carry 890,000 barrels a day under the bigger expansion plan. Kinder Morgan had reduced the scope of the expansion in May to 750,000 barrels a day. More »
Manufacturers lobby against ‘unfettered’ natural gas exports
Some of the nation’s largest chemical makers and manufacturers on Thursday united as a new coalition to lobby against a wholesale rush to export America’s new natural gas bounty, which they say threatens some $80 billion in planned investments in new U.S. plants and assembly lines. More »
Amex to cut 5,400 jobs in travel revamp
Most of the cuts will be made in the global travel business, which is being ‘fundamentally reinvented’ as a result of a ‘digital revolution’ More »
Biden to lay gun regulation groundwork
Despite the political sensitivities of gun control, the Obama administration presses ahead with efforts to address assault weapons and magazine capacity More »
Global stocks hit 19-month high
Prices of growth-sensitive products are gaining ground as stronger-than-expected Chinese trade data boost optimism on the global economy More »
Apple chief sees biggest market in China
Comments come amid speculation that a cheaper iPhone will be released this year, something analysts say is crucial to gaining share in emerging markets More »
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