Silver Ridge Resources predicts very little let up in the rate at which US drilling rigs are being idled as oil prices head for $40. Silver Ridge Resources says It cannot envisage an easing in the rate at which US drilling rigs are being mothballed until the end of the 2nd quarter of 2015. The […]
Union International: Asset values rallied after dovish comments from the Federal Reserve on the timing of interest rate increases. Union International says that a hawkish tone from the US Federal Reserve over the timing of interest rate hikes was never an option as more negative economic data continues to show America’s economic recovery is steadily […]
Global Sun Solutions: Web fashion firm, Net-a-Porter and Italian online fashion retailer Yoox to merge creating $2.5bn fashion giant.
Union International: Inflation headed in the “wrong” direction wasn’t enough to spur the Bank of Japan to boost stimulus. Union International: The Bank of Japan has ignored analysts’ and economists’ calls for a boost inits already huge quantitative easing program despite inflation numbers heading in the opposite direction to the policymakers’ targets. The central bank […]
Colver Technologies says that a glut in the supply of cheap oil is adversely impacting upon capital expenditure plans in the broader GTL market. Colver Technologies has issued guidance for the coming year that, while positive, warns of the impact the glut in supply of crude oil will have on the broader GTL market. The […]
Union International: The third consecutive monthly fall in US retail sales is, yet again, being blamed on the weather. Union International: Retail sales in the US “unexpectedly” fell for the third month in a row in February with the Commerce Department saying they dropped 0.6% against analysts’ expectations for a 0.3% increase. The fall followed […]