Posts Tagged ‘ oil prices ’

Montblanc Opens Its Largest Middle East Boutique In Kuwait

Jun 16th, 2008 | By admin | Category: Business

Sustained by robust growth in the global luxury retail business, luxury goods manufacturer Montblanc, recognized worldwide for its classic timepieces, jewelry, leather goods and writing instruments opened an exclusive boutique in Kuwait’s Avenues Mall Phase II recently.  The boutique is the largest Montblanc boutique in the Middle East region.
Speaking to reporters at the venue after [...]



Caterers Double Whammy Rising Oil Food Prices

May 30th, 2008 | By admin | Category: Foods

Alfonso Contrisciani, whose company oversees food services at Nationals Park, walked the concourses at the stadium May 20, ignoring much of the game against the Philadelphia Phillies. Wearing his dress whites and then changing into a sports coat to go incognito, he quietly observed everything: The staff behind concession stands. The kitchen crews.
As vice president [...]



Drilling The Way To Success

Apr 26th, 2008 | By admin | Category: Business

Austral Pacific has had four chief executives since 2005, a stake in the “head-scratcher” Cardiff gasfield that has failed to deliver for three years, and now an annual loss of $22 million.
Its shares are down to 85c from $1.90 seven months ago, and $3.90 in 2005.
Its balance sheet at the end of December looked worrisome, [...]



Goodbye Suv, Hello Small Cars

Apr 26th, 2008 | By admin | Category: News

Scott Piechocinski roamed the rows of a CarMax dealership in Charlotte, N.C., on a recent afternoon, searching for something small to replace his son’s 2001 Nissan Pathfinder sport/utility vehicle.
He’s not alone: As gas prices marched higher and now top $3.50 per gallon across the nation, car buyers across the country increasingly are abandoning SUVs and [...]



Living in Iraq It could be worse…

Mar 26th, 2008 | By admin | Category: Information

The report by the British-based Janes Information Group ranked Afghanistan as the worlds third most-unstable country after the Gaza Strip and WestBank, and Somalia.
By contrast, Iraq was at No 22 where it appeared among several African countries including Niger, Nigeria, Burundi and Equatorial Guinea.
The report, titled Janes Country Risk Ratings, was the first of its [...]



Stocks Decline on Weak Economic Data

Mar 26th, 2008 | By admin | Category: Opinion

“I think the market has done a decent job of trying to find a bottom in the last few days, and that’s certainly an encouraging sign,” said David Joy, chief market strategist at Ameriprise Financial Inc.’s RiverSource Investments. “But I don’t think there is by any means a general re-emergence of confidence in this market.”The [...]



Old world luxury, Cossacks mix in Moscow

Mar 26th, 2008 | By admin | Category: Fashion

Old world luxury reminiscent of the tsars opened the citys first fashion week of the year, held in Gostiny Dvor, a revamped 19th century exhibit hall near the Kremlin.
Pale-faced models displayed flowing cream and black dresses from the turn of the century under high-collared fur coats to an audience of hundreds of people, which included [...]



Oil Drops on Worries About Weaker Demand

Mar 23rd, 2008 | By admin | Category: Opinion

Light, sweet crude for May delivery dropped $1.81 to $100.03 a barrel in Asian electronic trading on the New York Mercantile Exchange by midday in Singapore.The contract on Thursday fell 70 cents to settle at $101.84 a barrel. The market was closed for Good Friday.Shum said oil’s price swoon may not last for long.”The U.S. [...]



US Ponders How Deep Is Economic Abyss?

Mar 23rd, 2008 | By admin | Category: Opinion

The combination has forced the economy to the forefront of the national conversation in a way it has not been since the go-go 1990s, and for entirely opposite reasons.As economists and Wall Street types grope for historical perspective — which is another way of saying a road map out of this mess — Americans are [...]



Gold hits high 1000 an ounce

Mar 14th, 2008 | By admin | Category: Fashion

The price of gold has jumped nearly 20 percent since the start of the year after rising nearly 32 percent in 2007. The huge advance is mainly the result of a weaker dollar and record-high crude oil prices. The dollar fell below 100 yen Thursday for the first time in 12 years [...]