Daily Archives: January 17, 2013
Intel hit by downturn in core PC market
PC shipments declined between 4.9 and 6.4% in the fourth quarter year on year, according to differing statistics from Gartner and IDC More »
Stocks rise on US economy hopes
European shares rise and Wall Street appears poised to trade at fresh 5-year highs as optimism about the US economy reinvigorates global ‘risk’ rally More »
Rio chief quits after $14bn writedown
Tom Albanese steps down following $14bn in writedowns and will be replaced by Sam Walsh, head of the Anglo-Australian miner’s iron ore division More »
Cayman Islands to open up to scrutiny
Regulator outlines plans to create a public database of funds domiciled on the island following demands from investors and politicians More »
Grounding threatens Boeing’s 787 dream
The Federal Aviation Administration says that US airlines cannot fly Dreamliners until it is shown ‘to the FAA that the batteries are safe’ More »
Citi and BofA fail to dispel concerns
The banks have suffered setbacks in their attempt to escape a troubled legacy of problems from the financial crisis with renewed worries over legal costs More »
‘Pharaoh’s curse’ costs WSE chief his job
Ludwik Sobolewski was fired over allegations that he had approached companies listed on his bourse to finance a film that will star his girlfriend More »
E*Trade to name Idzik as chief executive
Idzik, who served as chief operating officer at Barclays under Bob Diamond when he was chief executive, to join US online retail brokerage More »
Deepwater North Uist well nearing conclusion west of Shetland
Faroe Petroleum has provided a detailed update on its current and upcoming exploration wells offshore northwest Europe. More »
Oil industry battles back on natural gas exports
The oil and gas industry on Thursday stepped up its fight for natural gas exports and criticized a new coalition of manufacturers that wants to restrict foreign sales of the fossil fuel. More »
North Sea Catcher studies move forward
Premier Oil and its partners have agreed on a development concept for the Catcher project in the UK central North Sea. More »
CVR Refining units up 2 pct in trading debut
CVR Refining LP’s units rose about 2 percent in their first hours of trading Thursday. The company spun off from CVR Energy Inc. More »
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