BELFIELD, N.D., Oct. 30, 2018 (GLOBE NEWSWIRE) -- Meridian Energy Group, Inc., the leading developer of innovative and environmentally-compliant oil refining facilities, announced today that the Company and CIBC World Markets Corp. (“CIBC”) have entered into an engagement agreement under which CIBC will act as Meridian’s financial advisor. CIBC will assist in structuring and arranging for both debt and equity transactions for the full project financing for Meridian’s Davis Refinery project in Belfield, North Dakota. CIBC is a market leader in providing corporate finance and advisory services and has decades of experience in major energy project financing in general across the oil and gas value chain, with unique market insights and creative solutions for all downstream capital needs. /EIN News/ -- Meridian has raised a significant portion of project financing to this point and will continue to raise development financing for completion of pre-EPC work. … [Read more...] about Meridian Energy Group, Inc. Engages CIBC World Markets Corp. as its Financial Advisor
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Thomas Heath, The Washington Post Published 11:17 am PDT, Friday, August 17, 2018 Photo: Bloomberg Photo By Nicole Tung Image 1of/1 CaptionClose Image 1 of 1 A visitor sits beside a display of exchange rates at a foreign currency exchange store in Istanbul on Thursday. A visitor sits beside a display of exchange rates at a foreign currency exchange store in Istanbul on Thursday. Photo: Bloomberg Photo By Nicole Tung Could Turkey's financial crisis have a snowball effect on world markets? 1 / 1 Back to Gallery Investors might be watching the financial crisis in Turkey and wondering: How could it affect me? An economic virus spreading outward from Turkey and through other markets is unlikely, experts say, but it could happen. In one scenario, European banks that had lent money in the Turkish public and private … [Read more...] about Could Turkey’s financial crisis have a snowball effect on world markets?
0 View Gallery View Comments SINGAPORE (AP) — Global stocks were mostly lower Monday on concerns over trade tensions as the U.S. and China scheduled the start of tariffs on each other's goods, and a row over migrants in Germany brewed. Markets in China and Hong Kong were closed for a holiday. KEEPING SCORE: European shares sank in early trading. Germany's DAX lost 0.6 percent to 12,936.10 and France's CAC 40 shed 0.5 percent to 5,477.31. Britain's FTSE 100 dipped 0.1 percent to 7,626.71. Wall Street was poised to open lower. Dow futures dropped 0.5 percent to 24,995.00 and broader S&P 500 futures were down 0.4 percent at 2,773.90. ASIA'S DAY: Japan's benchmark Nikkei 225 index dropped 0.8 percent to close at 22,680.33. South Korea's Kospi lost 1.2 percent to 2,376.24. Australia's S&P/ASX 200 gained 0.2 percent to 6,104.10. Southeast Asian indexes were mostly lower. Markets in China and Hong Kong were closed for the Duanwu Festival commemorating the death of Qu … [Read more...] about World markets lower over tariffs, German tensions
Wednesday May 30, 2018 03:43 AM Shares sink in Asia, tracking losses in US, Europe over possible impact of Italian vote on euro bloc Stocks have skidded in Asia as Italy heads for another round of elections that investors worry could become a referendum on whether to stay in the euro bloc.KEEPING SCORE: Japan's Nikkei 225 stock index dropped 1.5 percent to 22,018.52. South Korea's Kospi dropped 2.0 percent to 2,407.95. The Hang Seng in Hong Kong slipped 1.5 percent to 30,034.07 and the Shanghai Composite index fell 1.6 percent to 3,072.76. Australia's S&P ASX 200 fell 0.6 percent to 5,979.00. Shares fell in Southeast Asia and Taiwan.WALL STREET: Prices for U.S. government bonds surged as investors shifted money from stocks into lower-risk investments. Bond yields dropped, and with them, interest rates on mortgages and other kinds of loans, hitting bank stocks on expectations lenders would earn thinner profits. The S&P 500 index shed 1.2 percent to 2,689.86. The Dow … [Read more...] about Asian shares languish as Italian turmoil hits world markets
Prachi Bhardwaj, provided by Published 4:48 pm, Wednesday, May 9, 2018 As this chart from Statista shows, the smartphone market is a lot more profitable and far less diverse than it was seven years ago, thanks to the dominating success of a select few manufacturers. Overall smartphones manufacturers sell five times more devices than they did in 2010. While iOS' share of the market can only be attributed to Apple, Android's share is split among a number of manufacturers including Google and Samsung. Companies making phones that use Android sold a total of 1.3 billion smartphones in 2017 — more than four times the total number of smartphones sold in 2010. It's a welcome change for app developers who can now create something that works for the majority — or at least a significant fraction — of smartphone owners. On the other hand, it's an unfortunate evolution for now non-existent operating systems like Blackberry and for the manufacturers … [Read more...] about There’s a stark contrast between the smartphone market today and what it was in 2010