Monthly Archives: December 2016

Oil Agreement Indications

As the supply agreement for oil-producing countries has taken effect, oil finally reached a price level seen in July of 2015. These highs are due to a cooperative agreement between both OPEC and numerous non-OPEC producers. Notably, from the non-OPEC … Continue reading

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Interest Rate Hike Raises Questions

As 2016 draws to a close, there is still discussion surrounding the long-awaited rate hike that is supposed to take place this week during the Fed meeting. While it is almost guaranteed that the 25-basis point increase will go through, … Continue reading

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Electric Trucking Charges Up

In the midst of the global shift towards sustainable alternatives, a public-road test for autonomous electric trucks is going to take place in Colorado. Coils will be present in these electric trucks, which will draw power from the coils installed … Continue reading

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China Eases Back Into Selling Shares

It has been one year since the stock market crash and China is looking to stimulate and turn around its slow economy; deleveraging is one of the ways China plans to do so. So far, about 61 companies received the … Continue reading

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Glencore and Qatar Take 19.5% Stake in Rosneft

Glencore and Qatar Investment Authority signed a deal on Saturday to purchase €10.2bn of shares in Russian state oil company Rosneft. The deal is the largest foreign direct investment into Russia since the US and EU imposed sanctions on the … Continue reading

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Boeing Seals Iran Airline Deal

Boeing secured a deal this week to sell 80 jetliners to Iran. The agreement is one of the first major deals between a U.S company and Iran after sanctions on the country were lifted earlier this year. The deal comes … Continue reading

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Coca-Cola CEO Steps Down

The Chief Executive Officer of Coca-Cola, Muhtar Kent will be stepping down on May 1 after nearly a decade with the firm. He will be replaced by the qualified James Quincey, the company’s current Chief Operating Officer, who has been contributing … Continue reading

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