Statoil annnounced their plans to build new pipelines to connect 2 North Sea fields (Photo : Reuters)Statoil announced plans to build new pipeline Statoil announced that they, along with four partners plan to build an oil pipeline that would connect the Ivar Aasen aand the Edvard Grieg oil pipeline to existing oil pipelines in the North Sea.
Industry
Banks to follow Goldman Sachs retail market hedge fund
A research analyst said that investment banks are eyeing a launch of hedge funds targeting the retail sector.
BlueCrest's BlueTrend hedge fund suffers 16.9% fall
BlueCrest Capital Management's BlueTrend hedge fund slumped by 16.9% that was expected to reflect a US$2.7 billion loss in the main fund.
ECB lowers interest rates, businesses grow
Global shares increased as the ECB lowered interest rates. (Photo : Reuters)This is the logo of the European Central Bank. The European Central Bank made it easier for private equity firms and ventures to invest in the region as it lowered its refinancing interest rate.
Study by Standard & Poor's finds corporate debt owners
A study conducted by S&P found that BBB- and higher investment grade companies own majority of debt.
Latest News
Jurdicia announced the generation of US$17.5 million cash proceeds from partial investments (Photo : Reuters)Jurdicia announced generation of of US$17.
Ben S. Bernanke's, Federal Reserve Chairman, statement continued to rattle markets. Investors pulled out around US$60 billion.
Angle Energy Inc is looking into putting itself on the market. (Photo : Reuters)Angle says that it may put itself on the market Angle Energy Inc said that it may put itself on the market.
Chinese firms advanced after its stocks rose following the rally of consumer discretionary companies, property developers and coal producers.
GSK under scrutiny from China's NDRC. (Photo : Reuters)GSK under probe in China The National Development and Reform Commission or NDRC began a survey concerning production costs of over 60 firms situated in China.
Fellow billionaire, Andre Esteves affected with Eike Batista's reversal of fortune (Photo : Reuters)Eike Batista's reversal of fortune affects fellow billionaire Andre Esteves Brazilian billionaire Andre Esteves is now feeling the effects of Eike Batista's reversal of fortune.
Billionaire Eike Batista pledged $1Billion of his personal wealth for BNDES Loan (Photo : Reuters)Billionaire Eike Batista pledged his personal wealth for BNDES Loan.
Bank of America expected to face Texas lawsuit and its corresponding fees (Photo : Reuters)Bank of America expected to face property fee suit filed Nueces County, Texas Bank of America Corp.
The Iraqi government may get funding from Citigroup for a proposed oil pipeline that will run through Jordan
