The Northwest European July benzene contract price has been fully settled at Eur978/mt or $1,274/mt CIF ARA, according to negotiating parties. The settlement is down Eur67/mt ($79/mt) from the June contract price of Eur1,045/mt ($1,353/mt) ...
NYMEX August crude settled $1.43 higher at $97.99/barrel Monday on Middle East tensions and as better-than-expected manufacturing data from Europe helped boost US equities. NYMEX's rise outpaced ICE August Brent's 84-cent gain to $103/b, ...
Tags: US Dollar Index
Saudi Butanol Co. has received Saudi Ministry of Commerce and Industry's approval for construction of the world's largest butanol plant in Jubail Industrial Complex, Saudi Arabia. Sabuco is a joint venture of three leading Saudi ...
Tags: Metallurgy, Mineral, Energy
The Alliance for Solid-State Illumination Systems and Technologies (ASSIST), a program of the Lighting Research Center (LRC) at Rensselaer Polytechnic Institute, recently released a new publication to aid owners and facility managers of ...
The Australian dollar has opened firmer despite some positive US manufacturing activity data. At 6.30am AEST the local unit was trading at 92.36 US cents, up from 91.99 cents at yesterday’s local close. The currency regained ...
THE Australian dollar has opened at its weakest level since August 2010 as US equity markets slide. At 6.30am AEST the local unit was trading at 91.17 US cents, down from 92.62 cents at Friday's local close. The currency fell below 92 ...
Tags: Australian Dollar, economy
THE Dow Jones average slid Friday, capping a quarter marked by heightened volatility as investors positioned themselves for an era of less Federal Reserve support for financial markets. The Dow Jones Industrial Average fell 114.89 points, ...
Tags: economy
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
US-based agricultural solution provider Dow AgroSciences has received approval for Enlist E3 soybeans - the latest innovation in soybean technology - from the authorities of Canada. According to the company, Enlist E3 soybeans are part of ...
Tags: Canada, Dow AgroSciences, Soybean Technology
Investors around the globe are on edge amid more volatility in financial markets as Wall Street attempts to wean itself off stimulus and fears intensify about China's banking system, sending Australian shares sharply lower to the point of ...
Tags: Investors, Wall Street, Financial Markets
Against a backdrop of market tumult, enterprise software companies this week reported mixed quarterly results. Though Red Hat reported a robust quarter, Oracle revenue flatlined and Tibco's sales and profit declined year over year. ...
Tags: Wall Street, Red Hat, Oracle, Software Vendors
Oracle's fourth-quarter revenue was flat at $10.9 billion, while profits rose 10% $3.8 billion, as the company reported strong growth in sales of software as a service (SaaS) subscriptions and "engineered systems" like Exadata. But ...
Hints that the Federal Reserve could pull back on its easing efforts later this year sent stocks broadly lower, with high-dividend-yielding stock sectors leading declines. After falling modestly in the initial minutes following the ...
The Australian dollar fell as speculation of a scaling-down in US stimulus measures boosted the greenback. At 7am AEST the local unit was trading at 94.86 US cents, down from 94.92 cents at yesterday’s local close. With the US ...
Tags: Australian Dollar, Speculation
US stocks pushed to the highest levels in nearly three weeks as investors await news on whether the Federal Reserve will pull back on its stimulus measures. Small-company stocks were among the best performers in Tuesday's rally, with the ...