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...But stock markets do not seem to care. Global equity indices have hit new highs. Geopolitical bears think this is unsustainable. I think they have missed the impact of US shale....
...The ECB, for its part, has said that it lacks data on asset-backed securities and other structured products issued by financial corporations that are eligible as collateral....
...The agency’s reputation took a hit at the end of her tenure with the closure of two long-running investigations into miners Rio Tinto and Eurasian Natural Resources Corporation.The SFO’s most high-profile...
...Last year, Saudi Arabia’s Saline Water Conversion Corporation launched a $10mn global prize for Innovation in Desalination....
...China has also stepped up its support of fusion research, creating a consortium in December, led by the China National Nuclear Corporation, to advance the development of fusion energy in the country....
...The Internal Revenue Service said on Wednesday that it was preparing “dozens” of audits of large corporations, partnerships and high-income taxpayers to see if their use of jets had been properly designated...
...In securities filings this week, US oil company Chevron disclosed a potential hang-up for its pending $53bn all-stock acquisition of smaller rival, Hess Corporation....
...Pre-IPO shareholders who are swapping their units are entitled to 85 per cent of the benefits realised by the corporation....
...“And for a country like us, where we care about our downstream programme, that is really important.”...
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