Oil Price drop after release data in US
Posted by Eka on Aug 18, 2010 | Leave a Comment
Oil prices drop after the release of data on reserves of crude oil and fuel in the United States. It signals the condition of the world economy is still weak.
For the price of crude oil delivery contract in September declined by 34 U.S. cents or 0.5 per cent to USD75, 43 per barrel on NYMEX.
While in Singapore, the price of the same contract in a position USD75, 53 per barrel. Oil prices have declined about 6 days.
American...
Tropical Storm Bonnie: Oil price rally
Posted by Eka on Jul 24, 2010 | Leave a Comment
As a result of Tropical Storm Bonnie, which is expected to move towards the Oil Spills, world crude oil prices continue to rally near the level of $ 80 per barrel in closing trade weekends, Friday, July 23 local time.
The rally, triggered by Tropical Storm Bonnie, which is expected toward to Gulf of Mexico, and also heard the results of “stress tests” to European banks.
For New York’s main contract,...
Dow Jones Industrial Average rose 102.32 points
Posted by Eka on Jul 24, 2010 | Leave a Comment
The Dow Jones Industrial Average closed 102 points. This strengthening is continued rally in the stock of the United States.
In trading Friday, July 23 local time, the Dow Jones Industrial Average rose 102.32 points (0.99 percent) to 10424.62 in late trading, after rising by almost two percent, or 200 points, the day before are encouraged to better income of the estimated large U.S. companies.
Despite sharply higher,...
Caterpillar Inc Q2 Earnings Report
Posted by Eka on Jul 23, 2010 | Leave a Comment
Caterpillar Inc. Company yesterday reported second-quarter profit in 2010 reached USD707 million, equivalent to USD1, 09 per share, up from prior periods that only USD371 million, or 60 cents per share.
These results make Caterpillar’s outlook for the year 2010 with increased focus on business in the region emerging market countries. Second-quarter 2010 performance is sustained sales jumped 31 percent, or reached...
Deutsche Bahn plans to invest 41 billion euros
Posted by Eka on Jul 04, 2010 | Leave a Comment
Deutsche Bahn
Deutsche Bahn, the German railway operator plans to invest 41 billion euros, or USD5.5 billion. Very large investments will be made during the period 2010-2014.
Investing 41 billion euros for rail network, modernization of stations, the addition of a new car. Deutsche Bahn is also planned to buy 300 ICx fast train to succeed ICE, “said Deutsche Bahn Technical Director, Volker Kefer.
He added that 75...
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