Dhrumil Mehta

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ISIS, climate change, cyber attacks, China are biggest threates to India: PEW report

The Islamic State terror group along with climate change are seen as posing a major risk to India by its people, while an assertive China is …

Brexit: Irish business leaders warn of 'calamitous divorce'

<b>Irish business leaders have called for a 1bn euro (£890m) EU state aid programme to protect Irish firms in the event of a hard Brexit.</b><p>The Irish Business and Employers Confederation (Ibec) said that if Britain left the customs union, it would "massively disrupt" trade, leaving Irish firms …

Brexit plans could fall apart 'like a chocolate orange', says auditor general

Unprecedented intervention from Amyas Morse laments government’s vague approach to date and calls for unified strategy for EU talks<p>A lack of energy and leadership in Theresa May’s government has left hopes of a successful Brexit at risk of falling apart “like a chocolate orange”, a leading …

United Kingdom

Asian shares, bonds rally as markets bet on glacial Fed | Reuters

NEW YORK (Reuters) - Upbeat data helped send world shares to a fourth all-time high in less than a month on Thursday as Wall Street edged higher in anticipation of solid earnings, while crude oil gained on evidence of stronger demand in China.<p>Traders work on the floor of the New York Stock Exchange …

Economic Data

Consumer Inflation Falls To Record Low, May Prompt RBI To Cut Rate

Economists polled by Reuters had predicted consumer inflation to cool to 1.70 per cent in June.<p>Consumer inflation fell to a record low of 1.54 per …

Economics

A Tiny Island Off Singapore May Hold Keys to Energy's Future

On a small island off the southern coast of Singapore, a French energy company is experimenting with what it hopes will be the future of renewable …

Energy

Old Coal Mines Have a Place in the Future of Clean Energy

Ben Chafin sees the future of clean energy in abandoned coal shafts.<p>The Virginia state senator, whose Appalachian district is pockmarked with empty …

Energy

Fracking, Now The Dominant Technology, Will Keep Oil Price Around $55: Goldman Sachs

Oil prices may rise or fall in the short-term, but they will return to a range of $55 to $65 in the long term because that’s the price of oil from fracking shale wells, the Goldman Sachs head of research said in Chicago Wednesday.<p>Oil prices today were about $52 for West Texas intermediate and $54 …

Oil

4 Charts Show Why Trump's Saudi Visit Is Different

He'll be the first president for whom oil isn't the most pressing issue.<p>President Donald Trump prides himself on being unpredictable and, thus, no one knows what to expect of his first trip abroad. But when it comes to the first stop, Saudi Arabia, we can sure it will be very unlike the visits of …

Oil

Oil-rig count rises for 18th straight week

The US oil-rig count rose by eight to 720 this week, according to oilfield services giant Baker Hughes.<p>This extended the longest streak of rig additions since 2011, one week out to a crucial OPEC meeting that could impact global production levels.<p>The Organization of Petroleum Exporting Countries …

U.S. Shale Roars Back at OPEC

OPEC may get its members to agree to continue to tamp down oil production, but it will be a Pyrrhic victory.<p>The biggest threat to the 13-member …

Oil at $40 No Problem as U.S. Drillers Snub OPEC With Hedges

OPEC’s worst enemy isn’t U.S. shale drillers. It’s the hedges propping them up.<p>American oil explorers who survived the worst of the 2014-2016 market …

Oil

Berlin's mayor begs Donald Trump: 'Mr President, don't build this wall'

In a statement published on Berlin's website, the German politician brings up the divided heritage of his own city to highlight the dangers of building barriers.<p>"We Berliners know better than most the pain caused when a whole continent is split by barbed wire and walls," Michael Müller wrote. "Our …

As Trump Reboots Pipeline Expansion, An Unexpected Delay Emerges

Just as President Trump takes power promising to ramp up oil and gas production, a sudden resignation in a key agency threatens to put such projects on hold across the United States.<p>On Thursday, Norman Bay, one of just three current members of the Federal Energy Regulatory Commission (FERC), said …

Natural Gas

China Population Crisis: New Two-Child Policy Fails To Yield Major Gains

BEIJING — Despite having the largest population of any country in the world, China isn’t having enough babies.<p>That’s the unspoken conclusion of a government plan, published Wednesday, which revealed that the relaxation of China’s one-child-only policy has so far failed to boost the country’s birth …

China

America's 10 Richest Gain $16 Billion During Trump's First Week

Donald Trump’s first week as president was nothing short of explosive, with millions of people expressing anger over new tax proposals, slated changes to healthcare coverage and a planned multibillion-dollar border wall. One group with little to complain about: American billionaires, who have …

Donald Trump

OPEC January oil output shows high compliance with supply cut deal: Petro-Logistics | Reuters

LONDON (Reuters) - OPEC oil output is set to fall by 900,000 barrels per day (bpd) this month, a company that tracks OPEC supply said on Friday, pointing to a strong start by the exporter group in implementing a supply cut deal.<p>The logo of the Organization of the Petroleum Exporting Countries …

Oil

100% Renewable: Las Vegas Is Now a Beacon Of Sustainability

Las Vegas may not be the first city you think of when you think of sustainability, but maybe it should be. When <b>SunPower</b> (NASDAQ: SPWR)recently turned on the Boulder 1 solar project, the City of Las Vegas' government became the first in the country to be entirely powered by renewable energy.<p>This …

Investing

Walmart Aims to Generate Half Its Energy From Renewable Sources by 2025

Walmart (wmt) wants to be as green as the billions of dollars it rings in every week.<p>The world’s largest retailer on Friday laid out a new …

Brexit panic to give way to commodity revival, Citi report suggests

Commodities from oil to sugar to copper are poised for big gains in 2017, according to analysts at Citigroup Inc. They suggest that investors' anxiety over Brexit will dissipate quickly, giving way to renewed interest in raw materials.<p>Since the commodity super-cycle peaked in 2011, prices for …

Chinese commodity futures jumped so high on Tuesday that regulators had to halt trade

Chinese commodity futures went ballistic on Tuesday, seemingly out of nowhere.<p>Iron ore and coking coal futures on the Dalian Commodity Exchange both rose by 6%, the maximum daily limit allowed. Putting that another way, the only thing preventing them from moving higher was limits imposed by the …

Commodities rally fails to fire up the Aussie dollar

Meanwhile, market expectations of a rate cut by the Reserve Bank of Australia – another key determinant of the currency – have been scaled back …

Markets

Emerging Markets October Review: Oil Was Not Well

The <b>iShares MSCI Emerging Markets exchange-traded fund</b> (EEM) rose fractionally Monday as oil prices stumbled.<p>The emerging market ETF is now up more …

Coal price rally comes to the rescue of commodity trading giants | Reuters

SINGAPORE/LONDON (Reuters) - An unprecedented surge in coal prices in the past few months to more than double their June levels is a big fillip for Glencore and Noble, who are among the biggest traders of thermal coal, which is used to produce electricity.<p>Miner Mohammad Ismail, 25, digs in a coal …

Market Capitalization

Zinc Hits Five-Year High as Metal Traders Bet on China Rebound

Zinc touched the highest in five years as the London Metal Exchange’s annual LME Week began with investors betting that a rebound in demand from …

Oil prices retreat on expectations for a big jump in U.S. supply

Oil futures dropped to five-week lows Wednesday after U.S. data revealed that crude stockpiles jumped by more than 14 million barrels—the largest …

Goldman Warns: Oil Falls 10% If OPEC Deal Dies

<b>Goldman Sachs</b> sees crude oil prices falling, perhaps another 10% if OPEC's plans to curb production die on the vine. And these days, the deal is …

Why a Chinese Real Estate Bubble Could Bring Down the Global Economy

While U.S. GDP grew by 2.9% this quarter, trouble is brewing on the other side of the Pacific.<p>Analysts are sounding the alarm about growing Chinese …

HSBC: Gold will soar no matter who wins the US election

So says James Steel, chief precious metals analyst at HSBC, who believes that gold will continue to rally in the year ahead, particularly should Donald Trump take the presidency.<p>"In addition to economic and financial events, gold is sensitive to geopolitical and even social developments," said …