Archive for the ‘Finance’ Category

Trump/coal: Appalachia’s false spring

Tuesday, March 28th, 2017

Roll-back of Obama regulations will do little to arrest decline

Japan gambles on Toyota’s hydrogen car

Tuesday, March 28th, 2017

As rivals look to electric vehicles, the country’s leading carmaker is putting its faith in an alternative

Smoking rooms in airports are being stubbed out

Tuesday, March 28th, 2017

IT IS about 15 years since Gulliver gave up the evil weed. Over time, many of the hardships of being a smoker have become mere embers in his memory. But a recollection was kindled after reading a recent report by Airports Council International, an industry group. In it, ACI listed the three current amenities that are most likely to disappear from American airports in the near future. It is an unsurprising triumvirate: payphones, banks and smoking rooms.

There are good reasons to suppress memories of frantic searches for somewhere to have a final cough-and-a-drag before the forced abstinence of a long-haul flight. Even better cause to forget the disgusting rooms that awaited at the end of those searches. After reading the ACI report, a particular impression resurfaced of a tiny perspex pod in the departure lounge at Gatwick airport that used to pass as a smoking room. Standing in it, cheek to cheek with equally desperate souls, while fans thundered overhead, it felt as if your dignity was being sucked away alongside your smoke.

Those rooms have now gone….Continue reading

The Brexit arguments work for Scotland too

Tuesday, March 28th, 2017

THERE is an old chess short story about the grand master who ends up in a remote village. Short of money, he agrees to pay two locals; his meal will be free if he wins both matches. But there is a catch; in one game, he must play as white, in the other as black. As soon as the matches start, he realises his mistake when the man playing white in the second game simply copies the grand master’s moves as white in the first.  No matters what the master does, he cannot win both games; if he wins in the first, he must lose in the second.

The three-way negotiations between Britain, the EU and Scotland could yet work out the same way. Every argument used by Theresa May against the EU can be used her by Nicola Sturgeon.

Taking back control. The Leave campaign clearly resonated with voters when it talked about the need for Britain to take back control of its laws from a remote Brussels bureaucracy. But the argument applies just as well in Scotland where the Conservatives last won most seats in 1955; in the 2010 and 2015 elections, the Tories got one seat but the Scots still ended up with a Conservative prime minister. It will probably happen in 2020 as well. Do the Scots have…Continue reading

Genel shares drop 20% after writedown on main oilfield

Tuesday, March 28th, 2017

Group chaired by Tony Hayward admits Kurdistan asset contains less oil than expected

Trump to undo Obama actions on climate change

Tuesday, March 28th, 2017

Energy independence order slammed by environmentalists but cheered by energy sector

Trump to undo Obama actions against climate change

Tuesday, March 28th, 2017

Energy independence order slammed by environmentalists but cheered by energy sector

Johnson hopes to sway Trump on climate action

Monday, March 27th, 2017

British foreign secretary argues need to fight global warming at White House meetings

Saudi Arabia slashes Aramco tax rate ahead of IPO

Monday, March 27th, 2017

Kingdom reduces oil company income tax from 85% to 50% ahead of planned float

Saudi Arabia cuts Aramco tax rate to woo investors

Monday, March 27th, 2017

Kingdom reduces oil company income tax from 85% to 50% ahead of planned float

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