PetroChina Co Ltd
Iraq signs deal with Exxon to help develop large oilfield
A worker checks the valve of an oil pipe at Nahr Bin Umar oil field, north of Basra, Iraq. Essam Al-Sudani | Reuters Exxon Mobil signed an agreement with Iraq on Wednesday to help it develop its giant Majnoon oilfield and expand oil exports, government officials and sources said, marking the U.S. major’s return to the […]
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Goldman Sachs just refreshed its conviction lists of global stocks, giving 3 over 40% upside
Goldman Sachs has refreshed its lists of top global stock picks for December by adding some and removing others. These stocks are featured in the investment bank’s “Conviction List – Directors’ Cut,” a “curated and active” list of its buy-rated stocks. They are selected by a subcommittee in each region which “collaborate with each sector […]
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China’s Communist Party expels former CNPC chairman, state media says
China’s ruling Communist Party has expelled Wang Yilin, former chairman and party secretary of state-owned China National Petroleum Corp, for discipline violations, state media said on Wednesday. South China Morning Post | South China Morning Post | Getty Images China’s ruling Communist Party has expelled Wang Yilin, former chairman and party secretary of state-owned China National Petroleum Corp, for discipline violations, state media said on Wednesday. According to […]
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As the Yr of the Dragon starts, the pros identify sectors — and shares — to perform the Chinese market place
A slump in foreign direct investments, deflation and a shake-up in the stock marketplace has put stress on the Chinese economic climate, leading to many buyers to switch careful on the Asian powerhouse as it marks the start of the Calendar year of the Dragon. Chinese stocks experienced an eventful 7 days very last week […]
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Hong Kong shares drop 3%, dragged down by genuine estate and electricity
An city check out of significant-rise structures at dusk as noticed from Hong Kong’s Victoria Peak. Nurphoto | Nurphoto | Getty Photos Hong Kong’s Dangle Seng Index dropped far more than 3% Tuesday, dragged by its authentic estate and energy sectors. The benchmark index’s loss of around 500 details is a considerable decrease, Everbright Securities’ […]
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This Chinese electric powered carmaker’s stock could rally by much more than 260%, Citi states
Citi claims BYD is 1 of its “major” acquire thoughts amongst Chinese stocks and expects shares in the automaker to soar by much more than 260% more than the subsequent 12 months. The Wall Street lender expects shares in the Warren Buffett-backed enterprise to hit 640 Hong Kong bucks ($81.50) from all-around 175 Hong Kong […]
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