market-on-its
Sumner Redstone has power to remove Viacom CEO from his trust
May 17, 2016 by elegant · Leave a Comment
Sumner Redstone has the power to remove Viacom Inc Chief Executive Philippe Dauman, but not his daughter Shari, from the trust that will control his $40 billion media empire after his incapacitation or death, according to two sources familiar with the matter. There is no evidence that Sumner Redstone is considering replacing Dauman. Shari Redstone, who sits on Viacom's board, voted against Dauman's elevation to executive …
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Sumner Redstone has power to remove Viacom CEO from his trust
market-on-its
Oil rally suggests supply worries wane, but for how long?
May 17, 2016 by admin · Leave a Comment
A rally in U.S. crude oil prices recently has put the market on its firmest footing since the rout started in 2014, with the spread between prices for near-term…
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Oil rally suggests supply worries wane, but for how long?
market-on-its
Oil rally suggests supply worries wane, but for how long?
May 17, 2016 by admin · Leave a Comment
A rally in U.S. crude oil prices recently has put the market on its firmest footing since the rout started in 2014, with the spread between prices for near-term delivery and future delivery narrowing, suggesting the worst of the supply glut may be over. Oil prices in global markets have been lifted in the past week by news of falling U.S. production and output disruptions in Canada and Nigeria. The production cuts are seen helping to rebalance a market awash with excess…
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Oil rally suggests supply worries wane, but for how long?