Finance News


McDonald's Japan Rations Fries as U.S. Port Labor Dispute Continues

Dec 16, 2014

McDonald's Holdings Co (Japan) Ltd has embarked on the emergency measure of only offering small-sized french fries to customers as a protracted labour dispute at U.S. West Coast ports has contributed to long delays in imports.The fast-food chain said it was importing more than 1…

Zargon Cash Dividend for December 2014

Dec 16, 2014

Zargon Oil & Gas Ltd. confirms that the monthly cash dividend for the month of December in the amount of Cdn. $0.06 per common share will be paid on January 15, 2015 to shareholders of record on December 31, 2014. Unless otherwise indicated…

Lloyd's Register Foundation Funds Big Data Study

Dec 16, 2014

The Lloyd’s Register Foundation today launched its Foresight review of big data and announced a conditional grant offer of £10 million to support research by the Alan Turing Institute on engineering applications of big data.The Foundation’s…

Bill Secures Funding for US Warship

Dec 15, 2014

The United States Senate voted 56-40 to pass bill H.R. 83 which funds the federal government for the remainder of the fiscal year. The funding ensures the construction of a 12th LPD-17 amphibious ship at Ingalls shipbuilding in Pascagoula…

Tanker Markets See Storage Boon from Oil Price Collapse

Dec 15, 2014

The oil price drop will hand tanker markets an unexpected bonus next year, boosting demand for oil storage at sea while distant eastern markets also bargain-hunt fuel and need shipping. Supertanker rates are already close to five-year highs of over $83…

Dan-Bunkering Employs Accountant

Dec 15, 2014

Janice Chen has been employed at Dan-Bunkering (Singapore) Pte. Ltd. as the company’s new accountant, effective October 27, 2014. Chen took a BA (Hons) in Business and Accounting in the U.K. before returning to Asia and settling in Singapore.

Oil Price Slid Beyond Fundamentals - OPEC

Dec 14, 2014

The secretary-general of the Organization of the Petroleum Exporting Countries (OPEC) said on Sunday the price of oil had fallen further than market fundamentals would have dictated.Speaking at an event in Dubai, Abdullah al-Badri added…

China, Kazakhstan to Ink $10 bln in Deals

Dec 14, 2014

China is expected to sign 30 cooperative agreements worth $10 billion with Kazakhstan as Premier Li Keqiang begins his first official visit to the country, the official Xinhua news agency said on Sunday.Xinhua did not give details, but…

Investors Gamble Forest Preservation Will Pay Off in Carbon Markets

Dec 14, 2014

Some private investment companies are looking to profit from preserving forests in developing countries, betting that the emissions reductions can be sold in future carbon markets.London-based Permian Global said on the sidelines of U…

First Dividend from Nordex Likely

Dec 14, 2014

German wind turbine maker Nordex is mulling paying a dividend for the first time since listing on the stock exchange as part of efforts to create a long-term investor base, its chief financial officer told a German newspaper.'We will…

North Dakota Sees Low Cost to Comply with Crude Standard

Dec 13, 2014

North Dakota's strict new standards for oil treatment, requiring every barrel of crude be filtered for dangerous types of natural gas, should add 10 cents to the cost of producing every barrel, regulators said on Friday.That's roughly $3…

Petrobras Delays Results as Corruption Scandal Grows

Dec 13, 2014

Brazil's state-run oil company Petroleo Brasileiro SA said it delayed the release of its third-quarter financial results for a second time on Friday as a result of new developments in a widening corruption probe.Prosecutors on Thursday…

Petrobras' Condensed Report for 3Q, 2014

Dec 13, 2014

Petrobras clarifies that it has been decided not to publish the financial statements for the third quarter of 2014 not reviewed by the independent auditors in view of the new incidents, after the day November 13, 2014, relating, directly or indirectly…

Leighton to Sell John Holland

Dec 13, 2014

Leighton Holdings today announced it had entered a binding agreement for the sale of John Holland to CCCC International Holding Limited (CCCI).CCCI is a wholly-owned subsidiary of China Communications Construction Company (CCCC), the…

Smit Lamnalco Acquires PB Towage

Dec 12, 2014

Royal Boskalis Westminster N.V. announced that Smit Lamnalco, a 50% owned associate, has substantially strengthened its position in Australia through the acquisition of PB Towage Australia (PB Towage).PB Towage is the second largest player…

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