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Showing 661 - 670 of 2558 results for "Oil"

Punishing Putin (harder)

BENJAMIN ONG  |  WEDNESDAY, 30 JUL 2014
... into a dead end, and cause very serious damage." Europe knows it. "Due to the reliance of many European countries on Russian oil and natural gas, the EU stopped short of the full-scale commercial warfare that could damage its own economy, which is still ...

Market wrap

AAP  |  TUESDAY, 29 JUL 2014
... Billiton reversed eight cents to $39.02, but Rio Tinto strengthened 43 cents to $65.79, and Fortescue Metals added 8.5 up $4.835. Oil and gas producer Beach Energy had eased five cents to $1.71 after it achieved a record 12 months of sales and oil production ...

Wall Street snubs the IMF

BENJAMIN ONG  |  FRIDAY, 25 JUL 2014
... But it won't be smooth sailing. "Downside risks remain a concern. Increased geopolitical risks could lead to sharply higher oil prices. Financial market risks include higher-than-expected U.S. long-term rates and a reversal of recent risk spread and ...

Market Wrap AM

AAP  |  FRIDAY, 11 JUL 2014
... local economic news on Friday, the Australian Bureau of Statistics releases May's housing finance data. In equities news, Roc Oil has slated an extraordinary general meeting for a vote on a change to its constitution that will halt its merger with Horizon ...

BNP Paribas board approves $9bn fine

AFP  |  MONDAY, 30 JUN 2014
... solution - a bank that agrees to make dollar payments on its behalf. The sanction concerns highly lucrative activities in the oil and gas market, also at the heart of the case against BNP. A banking source said BNP had already approached banks in the ...

Market Wrap AM

AAP  |  THURSDAY, 26 JUN 2014
... edged to fresh records with the chances rising for GE's acquisition of parts of France's Alstom and fighting in Iraq lifting oil prices. The Dow Jones Industrial Average rose 25.62 (0.15 per cent) on Friday to 16,947.08, a new high. The S&P 500 advanced ...

Market Wrap AM

AAP  |  WEDNESDAY, 25 JUN 2014
... edged to fresh records with the chances rising for GE's acquisition of parts of France's Alstom and fighting in Iraq lifting oil prices. The Dow Jones Industrial Average rose 25.62 (0.15 per cent) on Friday to 16,947.08, a new high. The S&P 500 advanced ...

Wall Street is in a spin

BENJAMIN ONG  |  WEDNESDAY, 25 JUN 2014
... all, an escalation of conflict in the land of the sand dunes would lift the price of what's underneath those sand dunes - oil. This, in turn, would erode disposable income and therefore, reduce consumer spending, raise business operating costs -- and ...

Market wrap AM

AAP  |  TUESDAY, 24 JUN 2014
... Wall Street finished little changed following mixed economic data while investors keep watch on continued unrest in major oil-producer Iraq. At 0645 AEST on Tuesday, the September share price index futures contract was up four points at 5,413. Locally ...

Market wrap

AAP  |  MONDAY, 23 JUN 2014
... is higher following a strong lead from Wall Street. The Dow and S&P 500 advanced to fresh records on Friday amid a lift in oil prices and the French government having favoured General Electric's proposal to take over Alstom's energy assets. Plus, markets ...