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GE’s Upgrade Exceeds Expectations and Boosts Power Plant’s Output and Availability at Nigeria’s Indorama Eleme Petrochemicals

PORT HARCOURT, NIGERIA — November 17, 2022 — In continuation of its operations improvement and power plant modernization plan, Indorama Eleme Petrochemicals Limited (IEPL) and  GE Gas Power (NYSE: GE) today announced that they have successfully executed GE’s 6B Performance Improvement Package (PIP) upgrade on the third 6B gas turbine at the petrochemical facility in […]

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Dow falls more than 200 points as hope for a year-end rally dwindles

Traders work on the trading floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 14, 2022.  Andrew Kelly | Reuters Stocks fell Monday as recession fears mounted and investors worried time is running out for a year-end rally. The Dow Jones Industrial Average shed 265 points, or 0.81%. The S&P […]

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Unfinished Trump business dominates end-of-year sprint: The Note

The TAKE with Rick Klein The waning days of united Democratic control of Washington will be filled with memories of the last time they weren’t in that position. It may also have significant consequences for what comes next. Virtually every day of the final week before Christmas brings decision points for Democrats on how to […]

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Metal Tiger plc UK Regulatory Announcement: Investment in Cobre Limited

LONDON–(BUSINESS WIRE)–  19 December 2022 Metal Tiger plc (“Metal Tiger” or the “Company”) Investment in Cobre Limited Metal Tiger plc (AIM: MTR, ASX: MTR), the AIM and ASX listed investor in natural resources opportunities, is pleased to announce that it has invested approximately A$1m in Cobre Limited’s (“Cobre”) A$5m placing at A$0.15 per new ordinary […]

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Financial Deglobalization Must Come Next by Jayati Ghosh

The ongoing fragmentation of the world economy marks the likely end of an era characterized by increasing integration through trade and finance. Faced with a debt crisis that is partly the result of unregulated and volatile portfolio flows, low- and middle-income countries must impose more effective capital controls. NEW DELHI – After four decades of […]

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Start Shopping at Sam’s Club for Your Business’s Day-to-Day Supplies

Opinions expressed by Entrepreneur contributors are their own. Whether stocking your office kitchen or filling the closet with essential office supplies, you may find a better price on bulk goods by shopping at a warehouse-style store like Sam’s Club. Compared to most chain grocery stores, you could save up to 40% at Sam’s Club, and […]

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Thai c.bank sees limited impact of global financial tightening

BANGKOK, Dec 19 (Reuters) – Thailand’s economy should continue to recover and its overall financial stability remains sound, while financial tightening globally has had a limited impact on the country’s financial conditions, the central bank said on Monday. A gradual rate increase is still an approach consistent with Thailand’s recovery and inflation outlook, but the […]

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CCTV Script 19/12/22

— This is the script of CNBC’s financial news report for China’s CCTV on December 19, 2022. As many people watched the World Cup final in the early hours of the morning, what kind of economic impact does winning the tournament have on the country that wins it? It has been found that countries that […]

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Business About Town | Local News

— GAF Materials has broken ground on a new facility in the Buster Bassford Industrial Park. The work began Nov. 10, according to a Facebook statement posted by the Valdosta-Lowndes County Development Authority. GAF Materials will invest $146 million over six years to build a new manufacturing plant in the Buster Bassford Industrial Park in […]

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PPH: Question & Answer | ETF Trends

Introduction Despite the current uncertainty in equity markets, the pharmaceutical industry has remained relatively stable, thanks to the consistent and growing demand for the products pharma companies produce. The global pharmaceutical market is expected to grow at a 15.9% CAGR from 2022 to 2030, reaching $1.599T by 2030.1 The existing industry leaders are projected to retain […]

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