Energy Update
NEW YORK, April 12 (Reuters) - Global oil prices hit
four-month highs on Tuesday, hovering just under $45 a barrel
after a report that top producers Russia and Saudi Arabia have
agreed to freeze output ahead of a much-anticipated producers
meeting on Sunday.
CHICAGO, April 12 (Reuters) - No. 3 U.S. railroad CSX Corp
said on Tuesday that lower freight, in particular a 31
percent drop in coal volumes, had hurt its first-quarter profit
and still expected coal to weigh on earnings throughout 2016.
TORONTO, April 12 (Reuters) - Canada's main stock index
notched its biggest jump in more than five weeks on Tuesday,
bouncing higher as a spike in the price of oil boosted energy
stocks and supported financials.
WASHINGTON, April 12 (Reuters) - The heads of the U.S.
agencies that regulate securities and commodities pressed a
Senate committee on Tuesday to boost their budgets in the face
of growing sophistication in financial markets and technology,
but lawmakers gave no sign extra dollars were coming soon.
NEW YORK/BOSTON, April 12 (Reuters) - The U.S. government's
lawsuit against ValueAct Capital targets one activist investor
but could call into question routine practices across the $16
trillion mutual fund industry, according to attorneys and
industry representatives.
WindEurope has elected Francesco Venturini, Chief Executive Officer of Enel Green Power, as its new chairman. Mr. Venturini was elected for an 18-month term by WindEurope's Board of Directors, which is comprised of corporate members, national associations and other organisations. Upon his appointment, Mr. Venturini said: "It is an honour for me to have been ...
BRASILIA, April 12 (Reuters) - Brazil's President Dilma
Rousseff, facing impeachment by Congress, on Tuesday denounced a
conspiracy to overthrow her, suggesting that Vice President
Michel Temer is one of the leaders of the plot.
Initial areas of interest for geothermal development in Saint Lucia Geophysicist John Seabert and team undertake first round of geothermal aerial surveys in Saint Lucia in April 2015 CASTRIES, St Lucia -- Saint Lucia is on target to begin geothermal exploratory drilling.
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