UPDATE 8-Oil rallies to 5-week high on Chinese stock rise, Syria worry Concerns over geopolitical tensions in Syria boost crude prices. NEW YORK, Oct 8- Oil prices climbed to their highest in five weeks on Thursday, as buoyant Chinese equity markets encouraged buying, and as Russia's military involvement in Syria brought a geopolitcal risk premium into the market. Brent crude oil futures rose $1.60 to $52.93 a barrel by 1:07 p.m....
INTERVIEW-China slump would cause global crisis, chances small - ex-IMF Blanchard New IMF forecasts this week saw no change to the Fund's projections on China. "I think the probability of a major decrease in growth in China is small." The IMF's forecast of 6.8 percent growth this year in China and 6.3 percent in 2016 stuck out in a week in which U.S. bank Citi's renowned economist Willem Buiter suggested the world economy could be pulled into a...
| By: Marc Jones and Lisa Barrington
UPDATE 7-Oil rallies to five-week high on Chinese stability, Syria concerns *Concerns over geopolitical tensions in Syria boost crude prices. NEW YORK, Oct 8- Oil prices climbed to their highest in five weeks on Thursday, as buoyant Chinese equity markets encouraged buying, and as Russia's military involvement in Syria brought a geopolitcal risk premium into the market. "Sentiment regarding China appears to have shifted of late and we...
| By: Koustav Samanta and Scott DiSavino
Westport & Gazprom Sign Agreement Targeting NGV System & Component Manufacturing in Russia ~Westport Emer products set to build NGV market in Russia~. VANCOUVER, Oct. 8, 2015/ PRNewswire/- Westport Innovations Inc., engineering the world's most advanced natural gas engines and vehicles, announced today that Westport and Gazprom of Russia' s subsidiary Gazprom Gazomotornoye Toplivo have signed a market development agreement focused on expanding the...
Source: PR Newswire
Yandex Adds Online Video Streaming to Its KinoPoisk Platform MOSCOW and AMSTERDAM, Netherlands, Oct. 8, 2015-- Yandex, one of the largest European internet companies and the leading search provider in Russia, has integrated online video streaming into KinoPoisk, its film and TV recommendation service. KinoPoisk offers its users an opportunity to watch films and TV shows legally and in high resolution- and all in one place.
Source: Globe Newswire
Could Americans Face Nuclear Attack Because of Syria, Asks Physicians for Civil Defense TUCSON, Ariz., Oct. 8, 2015/ PRNewswire-USNewswire/-- U.S. and Russian aircraft could literally be on a collision course in Syria, as the two countries have not agreed on flight safety rules in Syrian airspace. At that time, people were knowledgeable about nuclear weapons effects, and the U.S. had a civil defense program, notes Physicians for Civil Defense president...
Source: PR Newswire
Boone Pickens: Russia 'new sheriff' in Mideast The military involvement by Russia in Syria could force OPEC's largest member to capitulate on production cuts, entrepreneur Boone Pickens tells CNBC.
| By: Matthew J. Belvedere