According to the latest US Energy Information Administration report, the US would pass production levels of Russia and Saudi Arabia for oil and natural gas.
Industry
New guidelines for spectrum sharing to be issued by the Indian government
Upon the recommendation of the Telecom Regulatory Authority of India, new guidelines for spectrum sharing would be imposed by the Telecom Commission.
Vitol SA's debt rates same as Glencore negotiated rates
Vitol SA obtains favorable LIbOR for its one year and three year credit lines. The world's largest independent oil trader, Vitol SA, would be raising USD7 billion worth of loans at the same rate pegged for its nearest competitor, Glencore Xstrata Plc.
US Supreme Court dismisses petition from electric firms on fee charges on infrastructure use
The dismissal, which is a win for telephone companies, upheld the FCC mandated rules on fees charging and infrastructure use.
US default to bring catastrophe to not only the US but the world economy
A default would bring catastrophic results to the world economy. The world is anticipating the showdown on Capitol Hill over the US federal budget and debt ceiling.
Latest News
Saudization, according to GSC Secretary General Marwan Zabidi, is a unachievable goal because of the lack of support structures for its realization.
The US shutdown and its eventual break in the deadlock has been hoped by many countries as the effect has reached other bourses.
Identified as an integral part of US interests in Asia, the Trans Pacific Partnership is being outlined between the US and eleven other countries.
As the budget deadlock continues, the stock market's fear index is rising and many investors are preparing for future stock volatility.
Obama, in an interview with the Associated Press, said he expects Congress to reopen government and increase debt ceiling before the October 17 deadline.
FINRA, in its oversight powers, is contemplating the imposition of a requirement of having insurance to cover payouts should the brokerage firm fail.
The UK Civil Aviation Authority had recommended a cap on price increases, much to the chagrin of the Heathrow investment group.
The American Association of Physicians of Indian Origin and the American Heart Association Liaison Committee join in a programme on stroke and heart attack education in the US and in India.
According to a new research, European private equity buyouts reached USD 19.7 billion for the third quarter.
