Search results for "MOVE"



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Saudi Arabian builders delay payments amid state spending clampdown

*Saudi labor ministry issues statement on unpaid wages. DUBAI, Feb 9- Some Saudi Arabian construction companies are struggling to pay their staff on time in a sign of growing pressure on the economy from low oil prices, which are causing the government to slow spending on building projects. In an unusual move this week, the Ministry of Labour issued a public...
Source: Reuters | By: Tom Arnold and Andrew Torchia
Crude oil outlook  

Kevin Book, ClearView Energy Partners, shares his thoughts on oil's next move.
Canadian energy companies sell "jewels" to keep oil sands afloat

CALGARY, Alberta, Feb 9- Faced with record low prices for heavy crude, Canadian energy companies are sacrificing other parts of their business to keep higher-cost oil sands production going and safeguard the billions already invested in these multi-decade projects. Although the move to support higher-cost production seems counterintuitive, oil sands...
Source: Reuters | By: Nia Williams and Euan Rocha
Hong Kong police fire shots in 'hawker' riot

Riot police used batons and pepper spray early on Tuesday to disperse crowds after clashes erupted when authorities tried to move illegal street vendors.
Source: Reuters
Wind farms: Here's who's betting big

Poland has ramped up its investment in alternative energy, installing almost 1.3 gigawatts of wind power in 2015.
Source: | By: Anmar Frangoul | Special to
Chesapeake Energy woes cast shadow on U.S. pipeline companies

NEW YORK, Feb 9- U.S. oil and gas pipeline companies including Williams Companies Inc and Kinder Morgan Inc have contracts worth billions of dollars that might be at risk as Chesapeake Energy Corp aims to slash its debts amid collapsing energy prices. But with oil prices at their lowest in 12 years due to a global supply glut with OPEC unwilling to slow production,...
Source: Reuters | By: Jarrett Renshaw
Chart: This gold pattern can't be ignored

Gold is showing the same fan pattern as appeared on the dollar-yen chart prior to the very powerful breakout in November 2012.
Source: | By: Daryl Guppy
Will negative rates deck Japan's banks?

Japan's banks will likely bear the brunt of the Bank of Japan's negative interest rates move, but analysts are divided on how badly they'll be hit.
Source: | By: Leslie Shaffer
Cramer: Fed could spark a long awaited rally

Jim Cramer prepares investors for what to expect when the Fed speaks on Wednesday. Get ready for a long awaited rally if it confirms this message.
Source: | By: Abigail Stevenson
Asia sells off; Nikkei drops 5.4%

Australian and Japanese markets tumbled on Tuesday, as investors pulled cash from stocks in favor of safe havens.
Source: | By: Saheli Roy Choudhury