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Massive gas find a boon for Egypt, salve for energy crisis

2015-08-31 20:14:49| Energy - Topix.net

In this Saturday, Aug. 29, 2015 photo provided by Egypt's state news agency MEAN, Eni CEO Claudio Descalzi, third left, and his delegation meet with Egyptian President Abdel-Fattah el-Sissi, center, and an Egyptian delegation, in Cairo, Egypt. The Italian energy company Eni SpA announced Sunday, Aug. 30, 2015, it has discovered a "supergiant" natural gas field off Egypt, describing it as the "largest-ever" found in the Mediterranean Sea.

Tags: find energy gas egypt

 

Wall St. logs biggest two-day gain since financial crisis

2015-08-28 15:03:38| Apparel - Topix.net

Wall Street rallied more than 2 percent on Thursday as strong U.S. economic data and hints that a September interest-rate hike was unlikely fueled optimism that the worst of recent market turmoil was over. The Dow Jones industrial average scored its biggest two-day percentage gain since 2008, while the S&P 500 and Nasdaq Composite racked up their biggest two-day increases since 2009.

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CME: Livestock Futures Focused on Asia Market Crisis

2015-08-25 02:00:00| ThePigSite - Industry News

US - At this point, livestock futures are focused on the broader macro markets and threats of a brewing financial crisis in Asia, write Steve Meyer and Len Steiner.

Tags: market asia focused crisis

 

Crude oil prices in US drop below $40 per barrel for first time since global economic crisis

2015-08-21 21:46:58| Oil & Gas - Topix.net

A barrel of U.S. crude fell below $40 per barrel for the first time since the end of the global economic crisis. Prices have fallen almost 60 percent since this time last year, and more than 34 percent in just the past three months.

Tags: time since global prices

 

UN establishes a forum to enhance Libyas response to migrant crisis

2015-08-20 01:00:00| Ship Technology

The UN refugee agency has established a forum to enhance Libya's response to boats in distress its waters by streamlining information sharing and coordination with international organisations.

Tags: forum response enhance crisis

 

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