What are the biggest oil and gas companies in the world?
Oil is one of the main sources of global energy consumption.
In Europe and Asia oil accounts for around 32 percent of total energy consumption and in...
Mexico opening up oil industry to foreign companies
Mexico is in the process of opening up its oil industry to foreign companies for the first time in seventy-five years.
On December 12th, the...
Global economy to grow by 3.3% in 2014
The global economy is expected to grow by 3.3% in 2014, after a more modest 2.4% in 2013, following two years of “wallowing in...
US November retail sales up 0.7%
US November retail sales were 0.7% higher than during the previous month, according to figures released by the Census Bureau, part of the Department...
European industrial production down in October
European industrial production in October fell 1.1% in the Eurozone and 0.7% in the EU28 (whole European Union consisting of 28 Member States) compared...
New Chinese policy guidelines good for private companies
New Chinese policy guidelines, which call for limits on the activities of state-owned companies, paves the way for a more even playing field for...
Federal budget deal reached, USA
A bipartisan federal budget deal has been reached and announced in the US Congress. If voted through it could mean the end of three...
More CO2 escapes from rivers and streams globally than all lakes
About five times more carbon dioxide (CO2) escapes from the world's rivers and streams per year than from all its lakes.
The finding comes from...
Euro dollar forecast – euro still gaining
In a typical euro dollar forecast today, the euro is expected to gain further over the short-term, while the dollar is likely to eventually...
GM bailout cost taxpayers $10.5 billion
The GM bailout is over, the US Treasury, which started off with 500 million GM shares of common stock in 2010, sold of the...