Macquarie Research said shares in petrochemical producers
are more attractive than those of refiners as they have less
chance of being hit by surprise upturns in supply.
Reuters: Hot Stocks
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STOCKS NEWS THAILAND-Macquarie says prefers petrochemical firms to refiners
KPN says America Movil’s $4.2 billion offer too cheap
AMSTERDAM – Dutch telecom KPN NV hit back at a surprise move by America Movil to raise its stake in the group, saying the Mexican company’s 3.2 billion euro ($ 4.2 billion) offer was…
Reuters: Global Markets
U.S. says Colombia trade deal kicks off in May
CARTAGENA, Colombia – The U.S.-Colombia free trade agreement will enter into force next month, far earlier than expected, as a result of what the Obama administration called “historic” progress for Colombian worker protections and human rights.
Reuters: Business News
Bernanke says banks need bigger capital buffer
STONE MOUNTAIN, Georgia – Federal Reserve Chairman Ben Bernanke said on Monday banks need to have more capital at hand in order to ensure the financial system is stable.
Reuters: Economic News
Bernanke says banks need bigger capital buffer
STONE MOUNTAIN, Georgia – Federal Reserve Chairman Ben Bernanke said on Monday banks need to have more capital at hand in order to ensure the financial system is stable.
Reuters: Business News
Bangladesh says ConocoPhillips seeking more gas blocks
DHAKA – Bangladesh says U.S. energy firm ConocoPhillips is seeking to expand operations in the Bay of Bengal following a U.N. tribunal border ruling which cleared the way for more offshore…
Reuters: Deals