TOP FIVE PREDICTIONS FOR 2014
The Organisation for Economic Cooperation and Development (OECD) and the International Monetary Fund (IMF) are forecasting steady global economic growth at 3.6%.
China transforms from the world's factory into a more knowledge-based and service oriented economy.
Indonesia's appetite for "inbound" FDI is increasing, particularly as it is one of Asia's growth leaders.
The first ever domestic securitisation of consumer loans in Russia will allow domestic securitisation of non-mortgage-related assets – including SME loans, trade receivables, lease payments etc.
Brasil is keen to live up to its emerging economy status by making processes much easier for businesses, which is good news for those firms looking to take advantage of the World Cup next year and the 2016 Olympics.
Argentina ranked as the country with the most complicated regulatory regime.
More infirmation here.
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LUKOIL - The plan is based on the conservative $50 per barrel oil price scenario. Sustainable hydrocarbon production growth is planned in the Upstream business segment along with the growth in the share of high-margin projects in the overall production. In the Downstream business segment, the focus is on the improvement of operating efficiency and selective investment projects targeted at the enhancement of product slate.
BP - BP will acquire on completion a 43% equity share in Lightsource for a total consideration of $200 million, paid over three years. The great majority of this investment will fund Lightsource’s worldwide growth pipeline. The company will be renamed Lightsource BP and BP will have two seats on the board of directors.
REUTERS - Brent crude was up 69 cents, or 1.1 percent, at $64.03 a barrel by 0743 GMT. It had settled down $1.35, or 2.1 percent, on Tuesday on a wave of profit-taking after news of a key North Sea pipeline shutdown helped send the global benchmark above $65 for the first time since mid-2015. U.S. West Texas Intermediate crude was up 45 cents, or 0.8 percent, at $57.59 a barrel.
ROSATOM - On December 10, 2017, the construction start ceremony took place at the Akkuyu NPP site under a limited construction licence issued by the Turkish Atomic Energy Agency (TAEK). Director General of the ROSATOM Alexey Likhachev, and First Deputy Minister of Energy and Mineral Resources of the Turkish Republic, Fatih Donmez, took part in the ceremony.