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Thursday, May 24, 2012
News Making Money

Wholesale electricity prices spike in Texas

02/05/2012 02:15 (22 Day 06:10 minutes ago)

The FINANCIAL -- Warmer-than-normal temperatures across Texas drove the hourly, day-ahead wholesale electricity prices between 5:00 p.m. and 6:00 p.m. on April 26 and 27 above $500 per megawatthour (MWh) in ERCOT, the electric system operator for most of Texas.

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BP To Sell Some Older Gulf Of Mexico Fields

01/05/2012 07:12 (23 Day 01:13 minutes ago)

The FINANCIAL -- BP PLC's (BP) wide-ranging asset sale program continued Thursday as the U.K. energy giant put some older Gulf of Mexico fields on the auction block.

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Hines Rides Harley V-Rod to Hole-Shot NHRA Win at Houston

01/05/2012 04:44 (23 Day 03:41 minutes ago)

The FINANCIAL -- A perfect reaction time at the starting line earned Harley-Davidson Screamin’ Eagle/Vance & Hines rider Andrew Hines a 0.0077-second, hole-shot victory over Lucas Oil Buell rider Hector Arana Jr. in the final round at the O’Reilly Auto Parts NHRA Spring Nationals at Royal Purple Raceway.

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BP First Quarter 2012 Results

01/05/2012 02:40 (23 Day 05:45 minutes ago)

The FINANCIAL -- BP reported its financial results for the first quarter of 2012. Underlying replacement cost profit, adjusted for non-operating items and fair value accounting effects, was $4.8 billion for the quarter, compared to $5.0 billion in the previous quarter.

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U.S. summer gasoline demand expected to be at 11-year low

01/05/2012 02:37 (23 Day 05:48 minutes ago)

The FINANCIAL -- U.S. gasoline demand this summer is expected to be the lowest in 11 years, while the average summer fuel price is forecast to be at a record level.

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Statoil’s agreement to divest Norwegian Continental Shelf Assets to Centrica is closed

30/04/2012 09:33 (23 Day 22:52 minutes ago)

The FINANCIAL -- The transaction following Statoil’s divestment and exit from several licenses on the Norwegian Continental Shelf in November last year is now closed.

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Tata Tea’s 'Soch Badlo' campaign wins three Abby awards

30/04/2012 08:20 (24 Day 00:05 minutes ago)

The FINANCIAL -- Tata Tea’s Soch Badlo campaign won accolades at the Abby awards, India’s most prestigious advertising awards organised by the Advertising Agencies Association of India and the Advertising Club of Bombay.

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Integrated solution to process loans and deposits in seven countries

30/04/2012 08:18 (24 Day 00:07 minutes ago)

The FINANCIAL -- Tata Consultancy Services, a leading IT services, consulting and business solutions organisation, announced that Letshego Holdings , a leading consumer lending company based in Botswana, has selected the TCS BaNCS suite as the core banking system for its greenfield venture into retail banking in Africa.

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TCS launches new Editorial Collaboration Platform for media companies

30/04/2012 08:17 (24 Day 00:08 minutes ago)

The FINANCIAL -- Tata Consultancy Services, one of a leading IT services, consulting, and business solutions organisation, announced today that it has launched its new Editorial Collaboration Platform (ECP).

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“60 Years of Porsche Clubs”

30/04/2012 07:40 (24 Day 00:45 minutes ago)

The FINANCIAL -- For six decades, the history of Dr. Ing. h.c. F. Porsche AG, Stuttgart, has been inseparably associated with the worldwide enthusiasm of the Porsche Club scene.

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Banks
Kazakh city of Aktau to modernise heating

24/05/2012 02:59 (05:26 minutes ago)

The FINANCIAL -- As Kazakhstan strives to cut energy waste and make its municipal service more commercially viable, the EBRD is supporting a modernisation programme for the district heating system in the city of Aktau preparing to finance several other municipal projects in the fast-developing Mangystau region.

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Politics
International monitors to pull out of Bosnia's Brcko

24/05/2012 03:32 (04:53 minutes ago)

The FINANCIAL -- International monitors decided Wednesday to pull out of the sensitive Bosnian town of Brcko, whose neutral status has been a source of tensions in the ethnically-divided Balkan state.

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Markets
NYSE Technologies and the Warsaw Stock Exchange announce market data partnership

24/05/2012 06:41 (01:44 minutes ago)

The FINANCIAL -- NYSE Technologies, the commercial technology division of NYSE Euronext announced its market data partnership with the Warsaw Stock Exchange.







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