Oil prices steadied on Thursday as a bullish report from the International Energy Agency (IEA) agency balanced a gloomy outlook from the World Bank, which cut its global economic growth forecast. IEA, which coordinates energy policy for industrial nations, raised its projection for global oil demand growth in 2015 by 280,000 barrels per day (bpd) to 1.40 million bpd, bringing demand this year to almost 94 million bpd. The agency
[Marketwired] – B2Gold Corp. will host its Annual General and Special Meeting of Shareholders on June 12, 2015 at 2:00pm PDT. The Company will also host a conference call and webcast in conjunction with the meeting. For …
China’s real estate investment growth continued on its downward track in the first five months of 2015, to reach its slowest rate since May 2009, but government stimulus policies appeared to all but end the decline in floor area sold. Prices of new homes in 288 cities edged up 0.05 percent in May from April, the first rise in 14 months, property services provider Real Estate Information Corporation (CRIC) said
(Reuters) – Clean-up costs associated with a Californian oil pipeline rupture that dumped as much as 2,400 barrels of crude onto a pristine stretch of coastline and into the Pacific Ocean have exceeded $60 million, the Los Angeles Times reported on Wednesday. Plains All American Pipeline spokeswoman Meredith Mathews told the newspaper that expenses for restoring the affected area near Santa Barbara ran as high as $3 million a day.
Cloud storage provider Box Inc raised its full-year forecast as more customers subscribed to its content-sharing platform. Shares of the company, whose customers include AstraZeneca Plc , General Electric Co and Chevron Corp , rose about 8.7 percent in extended trading on Wednesday. “Box expects to be cashflow breakeven by the end of next fiscal year, and in terms of profitability, that would come thereafter” Chief Executive Aaron Levie told
Cloud storage provider Box Inc raised its full-year forecast as more customers subscribed to its content-sharing platform. Shares of the company, whose customers include AstraZeneca Plc , General Electric Co and Chevron Corp , rose about 8.7 percent in extended trading on Wednesday. “Box expects to be cashflow breakeven by the end of next fiscal year, and in terms of profitability, that would come thereafter” Chief Executive Aaron Levie told
[PR Newswire] – “Great Panther has a strong balance sheet with no debt and approximately $35 million (Canadian dollars) of net working capital. The Auramet facility provides the Company with greater financial flexibility and, in particular, more options with regard to the pricing and the timing of the pricing of our concentrate sales.” stated Robert Archer, President & CEO.
[CNW Group] – Great Panther Silver Announces US$10 Million Credit Facility
A natural gas extraction company controlled by energy giant Exxon Mobil sought to prove at a hearing Wednesday that it is not to blame for a recent rash of small earthquakes in North Texas. This week’s …