russian-energy

Banks ponder the meaning of life as Deutsche agonizes

By Carmel Crimmins and Olivia Oran WASHINGTON (Reuters) – It wasn't just Deutsche Bank that was grappling with big questions about the future at the International Monetary Fund meetings in Washington last week. “This new world of low interest rates and even negative …

Read more from the original source:
Banks ponder the meaning of life as Deutsche agonizes

russian-energy

Russia expects OPEC to ask non members to consider joining output curb

MOSCOW (Reuters) – Russian Energy Minister Alexander Novak said he expected the Organization of Petroleum Exporting Countries (OPEC) to propose that non-OPEC nations consider joining the group in limiting output. “We are waiting for the proposals

See the original post here:
Russia expects OPEC to ask non members to consider joining output curb

russian-energy

Intel to cut up to 12,000 jobs as PC industry swoons

Intel Corp said on Tuesday it would cut up to 12,000 jobs globally, or 11 percent of its workforce, as it refocuses its business towards making microchips that power data centers and Internet connected devices and away from the declining personal computer industry it helped found. Tech companies including the former Hewlett Packard Co and Microsoft Corp have reorganized in the

See the original post: 
Intel to cut up to 12,000 jobs as PC industry swoons

russian-energy

OPEC stands aloof of oil price regulation: Russian energy minister

MOSCOW (Reuters) – Decision-making within the OPEC has become more complicated and since 2008 the international oil cartel has taken no action to regulate the global oil market, Russian Energy Minister Alexander Novak said on Wednesday. Novak, in remarks at an energy forum, said he

View post:
OPEC stands aloof of oil price regulation: Russian energy minister