Hints and tips:
...Legal hammer Oil supermajor ExxonMobil’s case against two climate activist groups has grabbed the attention of corporate America, the FT reports....
...N R Bhanumurthy, vice-chancellor of the Dr B R Ambedkar School of Economics University....
...If Debt/GDP is about 1 now (UK-US levels) you can run a primary deficit of (g-r) — where g is growth rate and r is real cost of borrowing — and keep Debt/GDP constant....
...US court told PwC cut corners in Colonial audit Control+C, Control+V....
...In fact, the payment for five batches- R/13, S13, T13, Q13 and V/13, representing Premium Motor Spirit (PMS) imported and discharged in 2013 are still outstanding, less than two months to the end of 2014...
...Japex Montney – the Canadian subsidiary of Japan Petroleum Exploration – and Indian Oil Corporation each have 10 per cent while Petroleum Brunei has a 3 per cent interest....
...SNC-Lavalin has launched a £1.16bn recommended offer for Kentz Corporation, the FTSE 250 oil and gas services specialist....
...And non-US companies can be forced to answer a case if they have a considerable presence in the US, as is shown by Sarei v Rio Tinto....
...As John Dunn of Wood Mac points out, the long life of oil sands projects – they do not suffer from decline in the way that conventional oilfields do – means that as long as oil companies believe in the long...
...Even so, companies are being “much more conservative, executing small phases with longer time horizons”, Mr Dunn says....
...The future of billions of dollars in subsidies to leading oil companies has been cast in doubt in Washington after the Republican leader in the House of Representatives said companies such as Exxon and Chevron...
...In 2005, a $18.5bn bid by state-owned China National Offshore Oil Corporation for Unocal, the US oil company, failed because of fierce political resistance....
...But the gulf spill raises a broader threat to companies and shareholders. Oil is becoming the new tobacco and other industries could well be next....
...Numerous other energy companies, including ExxonMobil’s Canadian subsidiary, have moved their main offices from Saskatchewan to neighbouring Alberta over the years....
...“It very much depends on the individual project”, says Mike Dunn, analyst at FirstEnergy Capital in Calgary....
...It manages large oil tanker contracts with ExxonMobil and Shell and has also worked for the US Navy since 2005, when it won a $50m five-year contract to provide husbanding services – providing fuel, food...
...He remembers uncapping a black marker to write: R squared over A is V+, in what he calls a type of epiphany....
...Worldwide, C&W’s UK-focused arm would become a natural target for peers that were not previously interested in buying the whole company, ING said....
...Energy and oil companies were in focus as oil prices jumped 4.1 per cent to $68.81, having declined in the previous session....
...In order to incentivise the corporate sector to undertake R&D work, I propose to extend the scope of the current provision of weighted deduction of 150% on expenditure incurred on in-house R&D to all manufacturing...
...[ C h a r t ] To go back to my original example, the conglomerate boom of the late 1960s: the underlying trend is represented by earnings per share, the expectations relating to that trend by stock prices...
...FT: Tougher than running a corporation? MR SMITH: I don’t think it’s tougher, I think it’s different. FT: But if you were asked?...
...The reclusive New Zealand-based company this week announced that it would launch a cash “bid” for ExxonMobil, which would value the oil major at $450bn....
...Company said they would match employee donations up to another $1m Toronto-Dominion Bank: C$250,000 Toyota Motor: $5m in donations Tyson Foods: $1m in food and financial aid Wal-Mart Stores Inc: $15m...
...Arthur Hogan, chief US market analyst at Jefferies, attributed the move to an "irrational" concern that those companies' profits would decline in tandem with the oil price....
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