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World Largest Energy Trader Sees Decade of Low Oil Prices
2016-02-07 23:46:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: Oil prices will stay low for as long as 10 years as Chinese economic growth slows and the U.S. shale industry acts as a cap on any rally, according to the worlds largest independent oil-trading house. "Its hard to see a dramatic price increase," Vitol Group BV Chief Executive Officer Ian Taylor told Bloomberg in an interview, saying prices were likely to bounce around a band with a mid-point of $50 a barrel for the next decade. "We really do imagine a band, and that band would probably naturally...
'No UK crimes' by flash crash trader
2016-02-05 16:12:30| BBC News | Business | UK Edition
Navinder Sarao, the "flash crash" trader, should not be extradited to the United States because the offences he is accused of were not crimes in the UK, his lawyers said.
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Living near a Trader Joe's or Whole Foods increases home value, report says
2016-02-01 07:30:11| Grocery - Topix.net
Live near a Trader Joe's? A study from RealtyTrac found that home value increases for homeowners near a Trader Joe's or Whole Foods. Shoppers lineup as they wait for the grand opening of a Trader Joe's on October 18, 2013 in Pinecrest, Florida.
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World's largest palm oil trader criticised for lack of progress on deforestation
2016-01-26 10:42:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: The worlds largest palm oil processor and trader used the Davos gathering of business leaders as an opportunity to talk up progress on its efforts to tackle deforestation in the palm oil sector. Singapore-headquartered Wilmar says it has made significant progress on a commitment it made two years ago to eliminate deforestation, exploitation and peatland development from its supply chain. This includes publishing a list of crude palm oil mill sources that supply its refineries, enabling greater...
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Trader has rate-rigging sentence cut
2015-12-21 16:53:48| BBC News | Business | UK Edition
Former City trader Tom Hayes has his 14-year jail sentence for rigging global Libor interest rates cut to 11 years.
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