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| Leading From Behind |
 WHEN I tweeted a sincere
"Bravo Obama" message the
other day, congratulating
the president on "leading
from behind" in Libya, it
took only minutes for the US ambassador
to NATO to tweet back a... |
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| CORZINE CRASHES
LIKE IT'S 2008 |
 WHEN Goldman Sachs
went public on May 4,
1999, Jon Corzine, who
was then the firm's
chief executive, held a
stake that was suddenly valued at
$305 million. So, perhaps, it's
uncharitable to complain. |
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| | Vodafone Qatar narrows
HI loss to QR 237 million |  VODAFONE Qatar, the second telecom
operator in the country, on Wednesday
said it narrowed its half yearly net loss by
24 percent to QR237 million. In the same
period last year the company reported a
loss of QR 312 million.
The mobile operator didn´t provide
numbers for the second quarter.
Addressing a press conference to
announce the company´s results,
Vodafone Qatar CFO John
Tombleson said that increase in customer
numbers which stood at
814,000 in H1 helped the company
post a revenue of QR 590 million, an
increase of 53 percent.
First-half earnings before interest,
taxes, depreciation and amortisation
(EBITDA) were QR65 million... |
| | Saudi Aramco sells A961 fuel
oil at record-high premium |  SAUDI Aramco has sold
90,000 tonnes of low-density,
low-viscosity fuel oil
cargo, for mid-Novemberloading,
at its highest-ever
price level of above $20 a
tonne in premium, amid a
pervasively tight market on
quality for over a month,
traders said on Wednesday.
The 180-centistoke (cst)
parcel of Aramco´s A961
grade, for November 15-18
lifting from Ras Tanura, was
sold to Middle East trader
Bakri at a premium of $20-
$21 a tonne to Singapore spot
quotes on a free-on-board
(FOB) basis, up from $13-$14
for an October-loading lot
previously.
"It´s a crazy number. I
have never seen this kind of
premiums before and it is
the highest Aramco has ever
sold the... |
| | Merkel, Sarkozy read the
riot act to Papandreou |  GERMANY and France told
Greece on Wednesday it
should make up its mind by
mid-December whether it
wants to stay in the eurozone
when Greeks vote on a 130-
billion-euro ($178 billion)
bailout.
French President Nicolas
Sarkozy and Germany´s Angela
Merkel summoned George
Papandreou for crisis talks in
Cannes, before a G20 summit
of major world economies, to
push for rapid implementation
of measures to tackle the euro
zone debt crisis, which Athens
has thrown into doubt.
Sarkozy said Papandreou´s
announcement of a referendum
"took the whole of Europe
by surprise" and his prime
minister, Francois Fillon, told
parliament: "Europe cannot.. |
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