Your world at 9am
|WTI Crude Oil||+0.36%|
|Brent Crude Oil||+0.41%|
Out of 42 world ETFs listed in NYSE that we track, 35 are trading above their 10-day SMA and 38 are trading above their 50-day SMA.
India Coal Deal Risks Burning Investors’ Fingers
Fancy a truckload of the world’s biggest coal miner? New Delhi is planning to sell a 10 percent stake in Coal India Ltd., the Economic Times reported Monday, without saying where it got the information. Such a deal could be worth about 197 billion rupees ($2.
Learning to frack
Technological advances and learning-by-doing have made U.S. shale oil profitable even at $55/barrel. Just 10 years ago, shale oil was expensive. Global oil prices spiked to $135/barrel in 2008 but shale oil didn’t and couldn’t respond. Now, at only $55/barrel, U.S.
Bank of Baroda’s Q3 equity capital shrinks on reinterpretation of RBI rules
Bank of Baroda (BoB), whose common equity tier I capital shrunk by Rs 3,517 crore in Q3 on re-interpretation of Reserve Bank of India (RBI) rules, will explore qualified institutional placement (QIP) to raise equity resources for growing business.
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