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AngloGold reports improved earnings, sees gold in US$850-US$1,000 range INTERNATIONAL. Fundamentals support gold in a US$850 to US$1,000 range this year, with the possibility the price could move above the top end of that range next year, the chief executive of AngloGold Ashanti said . Business Intelligence Middle EastUPDATE 1-Michelin to focus on cash; no capital hike plans CLERMONT-FERRAND, France, May 15 (Reuters) - French tyre manufacturer Michelin has no short-term plans for a capital increase and will continue to focus on cash and stock management amid an industry crisis, executives said on Friday. ReutersBank chiefs face new `stress` The nation's leading banks may have been deemed solvent, but it remains to be seen whether top management at those firms will soon go bust. CNNCredit Suisse CEO facing his own late fee Even the chief executive of banking giant Credit Suisse Group is complaining about late fees these days.As Congress and the president talk about ending so-called abuses in the credit card industry like sudden rate hikes and late fees, Brady Dougan is in Connecticut courts fighting claims that he owes his ex-wife nearly $1 million for being 12 days ... Topix.netSemGroup could have new CEO this year - Tulsa World Complete coverage: Read all the stories and documents related to the SemGroup collapse. SemGroup LP could have a new CEO by fall. The bankrupt Tulsa energy company wants court approval to hire a worldwide search firm to find two top executives and a ... Feed DigestRecession `weeds out bad businesses` FORMER Woolworths chief executive Roger Corbett says recessions can act as a 'cleansing process' in the economic cycle by weeding out bad companies that should be allowed to fail. The AustralianU.S. trucker YRC to seek $1 billion in bailout funds: report (Reuters) YRC Worldwide Inc plans to apply for $1 billion in federal bailout money, the Wall Street Journal reported, citing the trucking company's chief executive William Zollars. yahoo.comAlan’s off to polish up Euro position CHIEF executive of HSBC in Wales, Alan Jarman, has been promoted to head the bank’s operations in Poland. Newtown-born Mr Jarman, 41, will take up his new role based in Warsaw next month. Mr J... BBCQuesterre Announces Major Breakthrough in Quebec in First Quarter CALGARY, ALBERTA--(Marketwire - May 15, 2009) - NOT FOR DISTRIBUTION ON U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE united states Questerre Energy Corporation ('Questerre' or the 'Corporation') (TSX:QEC) (OSLO:QEC) reported today on the operating and financial results for the first quarter of 2009. 'We had a major breakthrough this quarter in Quebec', commented, Michael Binnion, President and Chief Executive Officer of Questerre. 'The three well tests from a single Utica zone over our acreage have largely addressed our remaining technical concerns about this play. It has validated our belief that the Utica shale will be commercialized with horizontal wells. Early results from other zones in the Utica and shallower Lorraine were also very encouraging. With further engineering work, we are more confident in the potential for stacked shale plays that could, if successful, ultimately reduce F&D costs to under $1.00 an mcf.' Market Wire |
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