Taufiq Faisal

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Investing in oil can cause pain now but produce profits later

The crash in crude oil prices has led to big shifts in the global economy.<p>As just one example of how widespread the impact is, a recent report from …

Wireless Charging Comes to 50 Mcdonalds Restaurants in the UK

Burger-chomping McDonalds customers in the UK will soon get the opportunity to wirelessly charge their Qi-compliant (pronounced ‘Chee’) smartphones while in the company’s restaurants, thanks to an extended deal with Air Charge.<p>The good news: There will be more than 600 individual wireless chargers …

Investor Peter Thiel's Fund Buys into Marijuana Business | Inc.com

The pros are getting into pot.<p>Founders Fund, the $2 billion San Francisco venture capital firm run by Silicon Valley stars including Peter Thiel, co-founder and former CEO of Paypal, is investing in Privateer Holdings, a marijuana company that owns several pot-related brands.<p>The companies declined …

Crude heads for five-year low as global supply glut may linger

Oil headed for the lowest level in more than five years as analysts said a global supply glut will linger through the first half of 2015.<p>Crude has dropped by more than half since June as U.S. output surged and the Organization of Petroleum Exporting Countries decided to maintain its production …

Founders Fund joins $75 million investment in cannabis company

Let’s make one thing clear: Brendan Kennedy, co-founder of cannabis company Privateer Holdings, does not like images of pot leaves. Branding-wise, he …

Oil Is Fading Into History

<b>Oil Matters Less than Wall Street Thinks</b><p>$50 oil is certainly bad for producers and their supply base. It is at the same time good for transportation businesses and energy intensive manufacturers. Consumers will probably spend a bit more too. The net effect on our economy in the short term is …

Oil & Gas Industry