Crude oil futures settled slightly higher Tuesday as a pipeline shutdown in Alberta, Canada, and escalating tensions in the Middle East lent the complex a bullish note, amid rising equities markets. NYMEX August crude settled 14 cents ...
Tags: Crude Futures, Crude oil
Porsche’s former chief financial officer has been convicted of credit fraud by a German court in a criminal case relating to a failed 2009 bid by the sports car maker to buy Volkswagen. Bloomberg reports Holger Haerter was convicted ...
Tags: Porsche, Fraud, Volkswagen Bid
Gasoline stocks in the Amsterdam-Rotterdam-Antwerp region fell 15.9% week on week in the seven days to May 16, according to a report by BNP Paribas released Friday. Stocks fell by 1.5 million barrels to 7.8 million barrels, and were 3.2% ...
Tags: Chemicals, Metallurgy, Mineral, Energy
The NYMEX May natural gas futures contract continued to rise Thursday after the US Energy Information Administration's storage report showed an above-average draw, yet the data came in below analysts' expectations. As of 12:28 p.m. EDT ...
Tags: NYMEX, Gas, Storage Data
The ICE Brent front-to-second month spread fell into contango during afternoon US trade Friday, the first contango between the two contracts since July 2, 2012. ICE May Brent was down $2.50 at $103.84/b after hitting a fresh eight-month ...
Distillate futures closed US trading sharply higher Wednesday, holding onto boosts seen in the wake of an unexpectedly bullish inventory report released in the morning by the Energy Information Administration. NYMEX April heating oil ...
Tags: NYMEX, Oil Futures, Distillate Markets
Coal-to-gas switching in the US could decline as much as 2.6 Bcf/d year-on-year in 2013 because of higher natural gas prices, increased renewables generation and forecast lighter cooling demand this summer, a report BNP Paribas issued late ...
Tags: Coal, gas, natural gas prices
It was reported on Tuesday that Google is planning to consolidate its United Kingdom offices in a brand new development near London’s King’s Cross Station. The new development is worth a reported pound 1 billion. The ...
Tags: Google, London HQ, King's Cross Station
The Australian dollar fell during Asian trade yesterday after the minutes of the US Federal Reserve's December meeting showed some policymakers were pushing for its bond buying program to end as soon as this year. The Fed minutes showed a ...
Tags: Australian dollar, Asian trade, Federal Reserve, Fed minutes
Yonhap reported that major global investment banks predicted Wednesday that China's economy will grow more than 8% in 2013, picking up from the slower growth pace this year. Goldman Sachs expected a modest recovery in the Chinese gross ...
Tags: global investment banks, China's economy, gross domestic product, China
Russia's state-owned Rosneft has signed two loan agreements with a group of international banks for a total of $16.8 billion to finance acquisition of BP's 50% stake in Anglo-Russian TNK-BP, the company said Monday. "Pursuant to these ...
Metinvest BV the parent company of the international vertically integrated steel and mining group of companies announced that its subsidiary, Metinvest Trametal SpA had repaid ahead of schedule the remaining EUR 107.5 million of a 7 year ...
Tags: Metinvest BV, steel, mining, purchase, fixed assets, shares
The extension of the Solvency II compliance deadline from November of this year to January 2014 can be seen as both reassuring and concerning from a data management perspective. The European Union directive, aimed at regulating insurance ...
Tags: Solvency II, data management, European Union directive, insurance firms
In recent weeks Pfleiderer has managed to substantiate the selling process, already prepared for a period of several months, for the European and North American laminate flooring activities which are consolidated in Pergo. At the end of ...
Tags: laminate flooring, Pfleiderer, the French commercial bank BNP Paribas
Taipei,Oct.17,2012(CENS)--After the absence of new issuance for two years,a new product will hit the global-board bond market,as BNP Paribas will float 200 million Australian dollars of corporate bond,with interest rate topping 4%.Since the ...