World Business News

Hayward, Rothschild and a new company raising £1 billion on the LSE

TABJ - June 10 - News of a new business venture for disgraced British Petroleum (BP) boss Anthony ‘Tony’ Hayward have surfaced just nine months after his departure from his previous post; he plans to list a new vehicle on the London Stock Exchange and ...
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Quarterly, annual results announced by First Uranium

TABJ - june 6 - First Uranium Corporation today announced total gold sales for its financial year ended March 31, worth 142,630 ounces of gold, a significant increase over the 91,657 ounces sold at the end of the previous fiscal year. ...
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Israel’s first solar plant launched, Arava has $2bn pipeline on the way

TABJ - June 6 - World Environment Day has proved to be a momentous occasion in Israel, where the Arava Power Company has launched the nation’s first ever solar field, and approximately 400 megawatts worth of pipeline projects for the south of the country—50 projects ...
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Volkswagen reports record breaking May

TABJ - June 3 - With a total of 5,776 sales during the month of May, Volkswagen Canada has recorded its eighth consecutive record month. The figure broke the previous mark set in April, for the highest single sales month in the company’s history, ...
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Has NZ PM Key’s support for lignite mining sparked uproar?

TABJ - June 3 - Since New Zealand’s Prime Minister John Key conveyed support for Solid Energy’s proposal to mine Southland lignite, a whirlwind backlash from environmental groups has taken place. Speaking at Invercargill yesterday, Key said that currently, “companies like Solid Energy are ...
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Fuel-efficient vehicle demand pushes American retail sales

TABJ - June 2 - General Motors dealers in the United States reported 221,192 total sales in May, including a nine per cent increase in retail sales compared to May 2010. Retail sales for GM’s brands were again propelled by the company’s lineup of ...
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New Gold acquires Richfield Ventures

TABJ - June 2 - Vancouver's New Gold Inc. and Richfield Ventures Corp. yesterday announced that New Gold has closed the acquisition of Richfield Ventures. In completing the acquisition, New Gold has issued about 49 million New Gold shares to former Richfield shareholders. ...
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Will OPEC push oil supply to dampen $100 oil prices?

TABJ - June 2 - As the world continues to feel the pinch stemming from Libya’s oil production halt, the Organization of Petroleum Exporting Countries (OPEC) is reportedly considering upping its contribution to oil supply by as much as 1.5 million barrels per day (bpd) ...
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Will DOE’s US$27M really help SunShot to spark solar cost reductions?

TABJ - June 2 - The U.S. Department of Energy’s (DOE) SunShot Initiative has seen a lot of coverage lately, including a pledge of US$27 million to combat what is referred to as ‘soft’ costs in the industry. It is reported that up ...
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Spartan Gold to up production of mining sites

TABJ - June 1  - Spartan Gold Ltd., a U.S.-based junior gold mining company engaged in the exploration, development, and production of minerals properties, today released its intention of producing gold at its various mining sites. Based in Scottsdale, Ariz., the company ...
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