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Giant Oil Find Set to Bring Guyana Startling Riches---Maybe

Thursday June 21st, 2018 04:05:43 PM
An Exxon Mobil-led consortium has begun offshore drilling after recently discovering at least 3.2 billion barrels of light crude in Guyanese waters. That makes the tiny South American nation a top global energy frontier, but not everyone is convinced of a bonanza.

Barron's Online Exclusive

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Barron's Online Exclusives

The Plot Thickens at Barnes & Noble

Tuesday March 5th, 2013 10:26:09 PM
Will the bookseller's chairman team up with Liberty to make a low-ball bid for the retail operations? US Business

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US Business

Intel CEO Resigns Over Relationship With Employee

Thursday June 21st, 2018 07:20:51 PM
Intel CEO Brian Krzanich resigned after the company determined he violated company policy by having a past, consensual relationship with an Intel employee.

Supreme Court Rules States Can Require Online Retailers to Collect Sales Tax

Thursday June 21st, 2018 08:51:21 PM
States have the authority to require online retailers to collect sales taxes, the Supreme Court ruled Thursday, erasing a price advantage internet merchants have had in wooing consumers away from real-world stores.

Trade Concerns Hammer Global Auto Stocks

Thursday June 21st, 2018 08:40:10 PM
Global auto stocks were pummeled after Daimler issued a profit warning overnight that it blamed on trade tensions between the U.S. and China.

International Business Times

Latest News

Coca-Cola Funded Anti-Obesity Nonprofit GEBN Shuts Down After Allegations Of Coke's Involvement

Tuesday December 1st, 2015 09:10:04 AM
The Global Energy Balance Network (GEBN), a nonprofit organization funded by the Coca-Cola Co., said on its website late Monday that it will discontinue its operations. The announcement comes four months after it was revealed that the Atlanta, Georgia-based beverage maker was involved in the activities of the group.

Small Shops See Uptick In Customers Despite Lack Of Small Business Saturday American Express Incentives

Saturday November 28th, 2015 10:57:07 PM
In the wake of Black Friday, small shops and retailers were getting the attention on Saturday as United States consumers came out for Small Business Saturday -- a shopping holiday conceived by American Express in 2010. The day has become a way for small retailers, restaurants and shops to promote their establishments within their local communities.

Small Business Saturday: American Express Cuts Credit Incentives For Shopping Locally

Saturday November 28th, 2015 12:18:01 AM
Black Friday, Small Business Saturday, Cyber Monday – there’s a shopping day for everything at this time of year. But this year’s sixth annual Small Business Saturday will be missing one key factor: incentives for American Express credit card holders, the Chicago Tribune reported Friday.

International Business Times

Latest News

Nokia 5.1 Plus Specs, Photos Revealed By TENAA

Wednesday June 20th, 2018 07:07:57 PM
HMD Global is expected to announce the Nokia 5.1 soon,  but it’s also planning to release a larger variant. Called the Nokia 5.1 Plus, the upcoming device will feature a larger display with a notch and it has already appeared on TENAA, the Chinese counterpart of the U.S. FCC.

‘Pokémon Go’: Hatch Totodile To Earn Double Candy; New Global Challenge Announced

Sunday June 17th, 2018 12:35:16 AM
Trainers, there’s still time to enjoy the Water Festival in “Pokémon Go.” You can still catch and hatch as many Water-type Pokémon as you like until next week. Niantic has also announced the new Global Challenge to watch out for the entire summer season. In case you missed it, the Water Festival returned on June 7 at 1 p.m. PDT and it’s here to stay until June 21 at 1 p.m. PDT. This means you still have more time to catch all the Water-type Pokémon you want and need.

International Business Times

Latest News

Iran's New Oil And Gas Contract Terms Flexible On Crude Price, Risk: Official

Saturday November 21st, 2015 01:48:00 PM
TEHRAN, Iran (Reuters) -- Iran's new oil and gas contracts will have flexible terms that take into account oil price fluctuations and investment risks, a senior Iranian official told Reuters Saturday. Iran is trying to lure back international oil companies to develop its vast oil and gas reserves once sanctions are lifted under a deal with world powers. Iran will announce a new development contract model at conferences in Tehran Nov. 28-29 ‎and in London in February.

With Crude Prices At Historic Lows, Saudi Arabia Pledges To Keep Oil Coming

Sunday November 8th, 2015 10:32:47 PM
A year after the price of crude went into free fall, the Kingdom of Saudi Arabia has said that it has no plans to reduce oil drilling. In comments to the Financial Times, Saudi officials said they see no reason to slow the supply of oil in advance of an international producers' meeting in December. 

How Will Federal Budget Deal Affect US Oil Security?

Wednesday October 28th, 2015 07:27:23 PM
As Middle East and Latin American countries grapple with sinking oil prices, the United States is considering a budget deal that would require the sale of 58 million barrels of oil from the emergency reserve created decades ago to shield the nation from market disruptions. While this release of crude is unlikely to directly affect oil prices, some experts say depleting the Strategic Petroleum Reserve could leave the U.S. vulnerable to unforeseen events that disrupt global oil markets.

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