Energy Update

You are here

Sept 28 (Reuters) - Activist investor Carl Icahn raised his stake in liquefied natural gas company Cheniere Energy Inc to 11.43 percent, according to a regulatory filing on Monday.

BAGHDAD, Sept 29 (Reuters) - At least four people were killed and eleven others wounded on Monday when a car bomb went off at a garage in a busy commercial district of central Baghdad, police and medical sources said.

* Indexes end down: Dow 1.92 pct, S&P 2.57 pct, Nasdaq 3.04 pct (Adds detail on Valeant)

Los Angeles County Department of Public Works plans to remove 2.4 million cubic yards of sediment from the Hahamongna flood-control basin above Devil's Gate Dam in Pasadena, Calif. during the next five years. But, the sediment-removal project is not scheduled to begin until 2016. 

MEXICO CITY, Sept 28 (Reuters) - Tropical Storm Marty strengthened as it moved north toward Mexico's Pacific coast on Monday, threatening to dump heavy rain on the southwest of the country, the U.S.

* Indexes end down: Dow 1.92 pct, S&P 2.57 pct, Nasdaq 3.04 pct (Updates to close)

* Glencore slides 30 percent, underscores commodity concern * Copper drops back under $5,000 a tonne * Fed's Dudley says rate hike could come in October (Updates with close of U.S. markets, oil settlement prices) By Chuck Mikolajczak NEW YORK, Sept 28 (Reuters) - Global equity markets and commodities slumped on Monday, pulled lower by worry over the economic health of China and other big emerging markets in a week filled with key economic data.

CALGARY, Alberta, Sept 28 (Reuters) - Two electoral districts in the traditional Conservative fortress of Calgary are showing vulnerability, a crack that could signal wider losses for Prime Minister Stephen Harper's nine-year-old government.

WASHINGTON, Sept 28 (Reuters) - Republican U.S. Representative Kevin McCarthy, the leading candidate to be the next Speaker of the House of Representatives, voiced sharp disagreement with President Barack Obama on Monday on foreign policy issues from Ukraine to Iran.

* Indexes down: Dow 1.65 pct, S&P 2.23 pct, Nasdaq 2.72 pct (Updates to afternoon)

Pages

GET IN TOUCH

  • 1875 I Street NW, International Square, 
       Washington, District Of Columbia, 20006
  • Phone: +1 (888) 317-3839
  • Email: info@mglllc.com

About

Misha Gerhard & Lewis LLC is International Strategic Consulting Firm with an extensive presence in the most rapidly developing regions of the world.