World

Directorate Appointment MX Oil, the AIM quoted oil and gas investment company, has announced the appointment of Mr Nigel Bruce McKim as Non-executive Director with immediate effect. Nigel will replace Patrick Mendoza, who is stepping down from the Board to pursue other business interests. Mr McKim, aged 53, has 28 years of experience in field […]

Contract to Develop 10,000 hectares of Brownfield Land in Ghana DekelOil Public Limited, operator and 51% owner of the vertically integrated Ayenouan palm oil project in Côte d’Ivoire, has announced that it has entered into a contract to develop 10,000 hectares of brownfield land in West Ghana. Overview · Expands DekelOil’s potential portfolio of company-owned […]

The share price of global retail giant, Walmart (NYSE:WMT) hit the wall on Wall Street yesterday, dropping nearly 10% from 66.61 to 60.02. The company announced its projected earnings for the next three years. It did not set well with the people to whom those earnings mean the most – Walmart investors. Walmart investors have […]

Q3 2015 operations and production update – Gedabek gold, copper and silver mine, Azerbaijan Anglo Asian Mining, the AIM listed gold, copper and silver producer focused in Azerbaijan, has provided an operations and production update from its Gedabek gold, copper and silver mine in western Azerbaijan for the three months to 30 September 2015. Production […]

Updated Reserve Report Empyrean, the profitable US onshore oil, gas and condensate exploration, development and production company with assets in Texas and California, has announced that an independent appraisal and updated report prepared by DeGolyer & MacNaughton, effective to 30 June 2015, has highlighted a further significant increase in the Company’s Reserves and Resources at...

Markets were quiet on Tuesday with the Dow and S&P500 closing down with mild losses as the market digests the reporting season. In Asia, the Shanghai Composite didn’t see much of a reaction to the latest export data, where opinion was polarised and divided. The index still managed to close up 0.17% to 3,293.  Commodity […]

Michael Dell is continuing to reinvent and rebuild his empire (He is 47th on the 2015 Forbes 400). Dell formally announced this morning that would be acquiring IT services giant EMC (NYSE:EMC) for $67 billion. Michael Dell and Silver Lake Partner spent $25 billion to take his company private in October 2013. At that time, […]

What are the details? Grupo Gondi and WestRock (NYSE:WRK) have agreed to combine their operations in Mexico to form a joint venture, creating a leading paper and packaging company in the country. Grupo Gondi currently operates ten production sites that hold six paper machines, seven corrugated packaging plants and four modern high graphic folding carton […]

What are the details? Northrop Grumman Corporation (NYSE:NOC) has been awarded a $58,706,242 million contract from the Marine Corps to develop and test the Ground Weapon Locating Radar (GWLR) mode for the AN/TPS-80 Ground/Air Task-Oriented Radar (G/ATOR). The GWLR mode is a software update that brings additional mission capability to the ground-based multi-mission Active Electronically […]

Fabric-on-Demand Pioneer Prepares for Global Expansion, Relies on One-Step Digital Printing Technology Kornit Digital, (NASDAQ:KRNT), a worldwide market leader in digital textile printing technology, has announced that Spoonflower, Inc., a pioneer and fast-growing producer of on-demand fabrics, has purchased its fourth Kornit Allegro system. This fourth system will be the first unit to go into...