Oil speculators held great sway over prices, data suggest
Los Angeles Times – Regulators had long classified a private Swiss energy conglomerate called Vitol as a trader that primarily helped industrial firms that needed oil to run their businesses. But when...
View ArticleGulf firms shy away from US distressed assets
Emirates Business 24/7 – Cheap they may be, but not all cash-rich Gulf investors are up for buying distressed assets in the US. Such a move historically was a good way to make a profit. A good fund...
View ArticleGE to raise $15 billion, Buffett gets preferred stake
Reuters – General Electric Co plans to raise $15 billion through stock sales — including $3 billion from Warren Buffett — to improve liquidity and give it the option of more acquisitions at a time of...
View Article
More Pages to Explore .....