Ghnm Standard Chartered snaps up 10 Boeing Next Generation 737-800s
Thursday 27 November 2014 4:21 am|Updated:Friday 07 June 2019 6:09 pmOil prices just fell to their lowest in four yearsBy: Emma HaslettShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleThe fall in oil prices continues apace. The price of both West Texas Intermediate WTI and Brent oil fell to $72.78 and $76 per barrel respectively this morning ndash; both four-year lows ndash; as traders nervously awaited the outcome of a meeting of the Opec group of oil-producing countries in Vienna t
stanley canada oday.The 12-member group is meeting as the price of oil continues to slide on concerns of an over-supply in the next few months. It had been hoped the group would come to an agreement around cutting production by at least one
owala million barrels a day, but that now looks unlikely.Although Saudi A
polene italy rabian oil minister Ali al-Naimi hinted yesterdayGulf producers ndash; Saudi, Kuwait, Qatar and the UAE ndash; had come to an agreement, the consensus is that it probably doesn t involve a cut in production.Earlier in the day, al-Naimi had said he expected the oil market to stabilise itself eventually , suggesting he has enough confidence in market forces to avoid a curb in output for now. But even if a cut is announced, will it be enough to stabilise prices in the long-term Jameel Ahmad, chief market analyst at FXTM, thinks not.The longer term outlook for both crude and Brent oil is that the commodity Htbk Euro ministers impatient for Greece review
Wednesday 09 September 2009 8:00 pm|Updated:Saturday 01 June 2019 2:06 amKoenigsegg inks Saab deal with BAICBy: admindrupalShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleLUXURY sportscar maker Koenigsegg yesterday said that Chinarsquo Beijing Automotive Industry Holding BAIC would take a stake in the group to help finance its purchase of Saab Automobile from General Motors.Koenigsegg said in a statement that the memorandum of understanding signed with BAIC would see the Chinese firm take a minority stake in Koenigssegg Group, which in turn would own 100 per cent of Saab.This is an important step on the road toward a new Saab. We have a well prepared business plan, an important partnership and we are ready to proceed without state financing, K
polene canada oenigsegg chief executive Christian von Koenigsegg said in the statement.Koenigsegg, backed by US and Norwegian investors, struck a deal earlier this year with GM to buy the Detroit automakerrsquo loss-making Saab Automobile business, but questions remained regarding the financing of the deal.BAIC, ranked fifth in China, dropped out of bidding for Opel in July and had been tipped by some as a possible
stanley cup bidder for Ford-owned Volvo Cars. The move comes as car makers report a boost in sales worldwide thanks to
stanley ca scrappage schemes. Share this articleFacebookXLinkedInWhatsAppEmailSimilarly tagged content: SectionsNewsCatego
