U.S.$100 Million Liability Collapses Afrasia
Zimbabwe Independent
AfrAsia Bank Zimbabwe closed on Tuesday after its shareholders retreated due to the bank's huge liabilities of more than US$100 million, low capitalisation levels and a damaged reputation stemming from a costly legal wrangle. The Reserve Bank of ...
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Zimbabwe Independent
AfrAsia Bank Zimbabwe closed on Tuesday after its shareholders retreated due to the bank's huge liabilities of more than US$100 million, low capitalisation levels and a damaged reputation stemming from a costly legal wrangle. The Reserve Bank of ...
Nehanda Radio
Four banks stuck in struggling Lobels
Nehanda Radio
At least four banks that took control of bread-maker, Lobel's in September 2012 after pouring US$4,5 million to recapitalise the then ailing business are failing to find buyers to take over the business, the Financial Gazette reports. Struggling bread maker ...
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Nehanda Radio
At least four banks that took control of bread-maker, Lobel's in September 2012 after pouring US$4,5 million to recapitalise the then ailing business are failing to find buyers to take over the business, the Financial Gazette reports. Struggling bread maker ...
Irish Examiner
Greece running out of options
Irish Examiner
Greece is running out of options to fund itself despite a four-month bailout extension, raising pressure on Athens to quickly implement reforms it has vocally opposed or default on debt repayments in a matter of weeks. Eurozone and IMF creditors gave Greece ...
Varoufakis highlights battle between rules and macroeconomics at the euro ...Irish Times
Lawmakers (Just Not Greece's) Approve a Bailout ExtensionNew York Times
Tsipras: Greece will not seek third bailoutTHE BUSINESS TIMES
all 1,248 news articles »
Irish Examiner
Greece is running out of options to fund itself despite a four-month bailout extension, raising pressure on Athens to quickly implement reforms it has vocally opposed or default on debt repayments in a matter of weeks. Eurozone and IMF creditors gave Greece ...
Varoufakis highlights battle between rules and macroeconomics at the euro ...
Lawmakers (Just Not Greece's) Approve a Bailout Extension
Tsipras: Greece will not seek third bailout
Bidness ETC
Brazil's Braskem to sign revised naphtha contract with Petrobras
Reuters
RIO DE JANEIRO Feb 27 (Reuters) - Brazil's Braskem SA , Latin America's largest petrochemical company, said on Friday it had agreed to a revised naphtha supply contract with shareholder Petrobras, staving off a threatened shutdown of its Brazilian plants.
Petrobras' services chief Dutra takes leave of absenceReuters Africa
Petrobras denies hiring J.P. Morgan for subsalt license sales (PBR)Seeking Alpha (registration)
Petrobras Likely to Get Government Support If Needed, Fitch SaysBloomberg
Fox News Latino
Wall Street Journal
all 44 news articles »
Reuters
RIO DE JANEIRO Feb 27 (Reuters) - Brazil's Braskem SA , Latin America's largest petrochemical company, said on Friday it had agreed to a revised naphtha supply contract with shareholder Petrobras, staving off a threatened shutdown of its Brazilian plants.
Petrobras' services chief Dutra takes leave of absence
Petrobras denies hiring J.P. Morgan for subsalt license sales (PBR)
Petrobras Likely to Get Government Support If Needed, Fitch Says
Upstream Online
Mexico OKs 5 shallow water areas in Round One oil tender second leg
Reuters UK
MEXICO CITY Feb 27 (Reuters) - Mexico has approved draft auction terms for five shallow water areas containing around 355 million barrels of oil equivalent (boe) as part of its Round One tender opening up oil fields to foreign investors, the country's energy ...
UPDATE 3-Mexico OKs 5 shallow water areas in Round One oil tender second legReuters
Mexico's Pemex, Union Agree on Current-Expenditure CutsLatin American Herald Tribune
Mexico OKs second batch of Round 1 termsUpstream Online
Seeking Alpha (registration)
Bloomberg
Wall Street Journal
all 24 news articles »
Reuters UK
MEXICO CITY Feb 27 (Reuters) - Mexico has approved draft auction terms for five shallow water areas containing around 355 million barrels of oil equivalent (boe) as part of its Round One tender opening up oil fields to foreign investors, the country's energy ...
UPDATE 3-Mexico OKs 5 shallow water areas in Round One oil tender second leg
Mexico's Pemex, Union Agree on Current-Expenditure Cuts
Mexico OKs second batch of Round 1 terms
The Star Online
Canada project on track
The Star Online
PETROLIAM Nasional Bhd (Petronas) will make a final investment decision (FID) on a project to build a multi-billion-ringgit liquefied natural gas (LNG) export terminal in British Columbia, Canada, by June this year. However, president and chief executive ...
Really no staff layoffs at Petronas?Malaysia Chronicle
Petronas pre-tax profit slips to RM77.8 bln due to oil slumpThe Borneo Post
Petronas Denies It's Laying Off Staff To Cut CostsBernama
Wall Street Journal
Malay Mail Online
all 50 news articles »
The Star Online
PETROLIAM Nasional Bhd (Petronas) will make a final investment decision (FID) on a project to build a multi-billion-ringgit liquefied natural gas (LNG) export terminal in British Columbia, Canada, by June this year. However, president and chief executive ...
Really no staff layoffs at Petronas?
Petronas pre-tax profit slips to RM77.8 bln due to oil slump
Petronas Denies It's Laying Off Staff To Cut Costs
Business Recorder
Novartis Japan gets shut down for failing to report drugs' side effects (NVS)
Seeking Alpha (registration)
By order of the Japanese Ministry of Health, Labor and Welfare, Novartis' (NVS -0.3%) Japanese unit will suspend its operations for 15 days in March (5th - 19th) as punishment for not reporting side effects from its products in a timely fashion. The ministry ...
Novartis AG (ADR) Ordered To Halt Some Japanese OperationsBidness ETC
Novartis Japan Ordered to Shut Down for Failure to Report Side EffectsWall Street Journal
Novartis Faces 15-Day Suspension in JapanGenetic Engineering & Biotechnology News (blog)
Independent Online
The Local.ch
all 25 news articles »
Seeking Alpha (registration)
By order of the Japanese Ministry of Health, Labor and Welfare, Novartis' (NVS -0.3%) Japanese unit will suspend its operations for 15 days in March (5th - 19th) as punishment for not reporting side effects from its products in a timely fashion. The ministry ...
Novartis AG (ADR) Ordered To Halt Some Japanese Operations
Novartis Japan Ordered to Shut Down for Failure to Report Side Effects
Novartis Faces 15-Day Suspension in Japan
Business Recorder
Basf Se (BASFY) Issues Quarterly Earnings Results
Intercooler
Basf Se logo Basf Se (OTCMKTS:BASFY) posted its quarterly earnings results on Friday. The company reported $1.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.25 by $0.08, American Banking & Market News reports.
BASF sees unchanged operating profit in 2015Irish Times
Chems, agri boost BASF Q4 net income despite oil, gas EBIT slumpICIS
Outlook uncertain for BASFIndependent Online
Benzinga
all 42 news articles »
Intercooler
Basf Se logo Basf Se (OTCMKTS:BASFY) posted its quarterly earnings results on Friday. The company reported $1.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.25 by $0.08, American Banking & Market News reports.
BASF sees unchanged operating profit in 2015
Chems, agri boost BASF Q4 net income despite oil, gas EBIT slump
Outlook uncertain for BASF
Business Recorder
Gold futures rebound as U.S. economy grows less than estimated
Chicago Tribune
Gold futures rebounded Friday after a government report showed that the U.S. economy expanded at a slower pace than previously estimated in the fourth quarter. The U.S. grew at a 2.2 percent annualized rate, down from an initial estimate of 2.6 percent, the ...
Gold Futures End Four-Week Losing Streak, Analysts See $1200 Holding Next ...Forbes
Gold steadies on soft dollar, set for biggest monthly loss since SeptemberBusiness Standard
Gold up on worse-than-expected US GDPXinhua
Business Recorder (press release) (blog)
all 153 news articles »
Chicago Tribune
Gold futures rebounded Friday after a government report showed that the U.S. economy expanded at a slower pace than previously estimated in the fourth quarter. The U.S. grew at a 2.2 percent annualized rate, down from an initial estimate of 2.6 percent, the ...
Gold Futures End Four-Week Losing Streak, Analysts See $1200 Holding Next ...
Gold steadies on soft dollar, set for biggest monthly loss since September
Gold up on worse-than-expected US GDP
Telegraph.co.uk
Lord Browne to lead $10bn oil and gas group
Telegraph.co.uk
Lord Browne, the former chief executive of BP, is to lead a $10bn (£6.5bn) oil and gas group backed by Russian billionaire Mikhail Fridman. The peer will be named executive chairman of L1 Energy on Monday, sources told The Telegraph. Upon taking the ...
Browne makes dealmaking comebackFinancial Times
RWE says close to concluding sale of oil arm to Russian tycoonReuters UK
all 10 news articles »
Telegraph.co.uk
Lord Browne, the former chief executive of BP, is to lead a $10bn (£6.5bn) oil and gas group backed by Russian billionaire Mikhail Fridman. The peer will be named executive chairman of L1 Energy on Monday, sources told The Telegraph. Upon taking the ...
Browne makes dealmaking comeback
RWE says close to concluding sale of oil arm to Russian tycoon
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