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Dutch Shell Plant Explodes
One of the biggest concerns in the commodities world is safety… Whether it’s a coal mine, chemical power plant, or deepsea drilling, there’s always a certain level of risk. Just last month, chaos broke...
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General Electric Fights Off Competition for Alstom
Months ago, the French government rejected General Electric’s (GE) original offer for Alstom’s (ALO.PA) energy assets. But fortunately for GE, ALO was open to a deal that would combine both companies’...
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Skyrocketing Tiger Trade Blamed on Growing Asian Wealth
Forget the platinum, diamonds, and rubies. Welcome the hottest commodity on the market: tigers. You read correctly… Tigers are the new “it” factor that the wealthy are using… In this instance, it’s not...
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Rosneft Cuts Jobs as Sanctions Bite
For those who have been waiting to see the consequences of the EU’s sanctions on Russia, well… here’s your glory moment. The world’s biggest oil producer is scaling down. In an attempt to cut costs,...
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Saharan Solar Power Opens Energy Corridor to Europe
Renewable investment company Low Carbon and Nur Energie, a solar developer, have teamed together to create the TuNur project. By 2018, this project could generate enough clean energy to power two...
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BP Profits Take a Beating
One of Russia’s biggest investors, BP Oil (BP), is facing major problems with state-owned Rosneft. You see, BP has a 20% stake in the company, and with Western sanctions taking affect, Rosneft is cut...
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Cheap Gas Drives Big Auto Sales
Have automakers cracked the code to producing big sales? Apparently, this formula is working for the industry: Cheap gas equals more sales. In fact, Karl Brauer, Senior Director of Insights with Kelley...
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“Pumping” Up Consumer Spending Power
Low gas prices have consumers willing to spend a little more cash. You see, consumer sentiment is going up as cheap gas spurs spending momentum elsewhere. Chris Christopher, IHS Global Insight’s...
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Nigeria’s Naira Takes an Oil Plunge
Next year was supposed to be a big year for Nigeria. The country’s population of 180 million people will vote in what is sure to be the closest and most expensive presidential election since the end of...
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Kenya’s Tea Industry in Hot Water
Kenya is one of the world’s biggest tea exporters. In fact, hundreds of thousands of tea farmers have earned a living for generations in this east African country. But the industry is screeching to a...
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