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LyrArc brings in selected articles from many of the world's top publications.
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Analysts are forecasting an average oil price of $106 for 2011, according to FactSet Research Systems. Brent crude is $110 a barrel in the third week of August 2011. This implies Brent crude has to be at an average of $95 for the remainder of 2011- suggesting a decline of 14% from todays levels. Share prices of European oil companies Royal Dutch Shell, BP, Eni and Total are priced for long term crude oil prices at $75 per barrel, according to Citi.
Analysts are forecasting an average oil price of $106 for 2011, according to FactSet Research Systems. Brent crude is $110 a barrel in the third week of August 2011. This implies Brent crude has to be at an average of $95 for the remainder of 2011- suggesting a decline of 14% from todays levels. Share prices of European oil companies Royal Dutch Shell, BP, Eni and Total are priced for long term crude oil prices at $75 per barrel, according to Citi.
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A guide to the Jan Lokpal anti-corruption bill of Anna Hazare and the Indian government's bill.
A guide to the Jan Lokpal anti-corruption bill of Anna Hazare and the Indian government's bill.
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Douglas Peterson, chief operating officer of Citibank, will become the new president of Standard & Poor's. He brings useful experience facing a parliamentary inquiry in Japan, after Citibank ran into trouble with Japan's securities laws. He was also the bank's chief auditor and worked with regulators for the introduction of major accounting rules.
Douglas Peterson, chief operating officer of Citibank, will become the new president of Standard & Poor's. He brings useful experience facing a parliamentary inquiry in Japan, after Citibank ran into trouble with Japan's securities laws. He was also the bank's chief auditor and worked with regulators for the introduction of major accounting rules.
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Libyan lawyer and human rights activist Azza Kamel Maghur, fled earlier this year to Canada with his 3 year old daughter. He writes about the people of Tripoli rising up against the Gaddafi regime. At the same time rebels were closing in on Tripoli in the third week of August 2011. He describes the Al Zuhur neighborhood of Tripoli on the day when the evening call to prayer from the Ben Nabi and Buhmeira mosques rang out longer than usual. This time a signal for people to take to the streets. Some of the youth were shot by snipers from rooftops of buildings. The struggle to free Tripoli was taking place. The carefully planned signal was coordinated with the rebels advance and NATO airstrikes. It enabled the rebels to advance quickly into the city.
Libyan lawyer and human rights activist Azza Kamel Maghur, fled earlier this year to Canada with his 3 year old daughter. He writes about the people of Tripoli rising up against the Gaddafi regime. At the same time rebels were closing in on Tripoli in the third week of August 2011. He describes the Al Zuhur neighborhood of Tripoli on the day when the evening call to prayer from the Ben Nabi and Buhmeira mosques rang out longer than usual. This time a signal for people to take to the streets. Some of the youth were shot by snipers from rooftops of buildings. The struggle to free Tripoli was taking place. The carefully planned signal was coordinated with the rebels advance and NATO airstrikes. It enabled the rebels to advance quickly into the city.
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H-P CEO Leo Apotheker defends H-P's plan to spin off its PC unit. He says it wasn't possible for H-P to invest enough in the business to be competitive and make the necessary structural changes needed in other parts of H-P's business. The new product development cycles are much faster than what a congomerate like H-P could accomplish in areas such as the tablet PC, as consumers are looking for a stream of new product devices. H-P's PC unit generated $40.1 billion in revenues and $2 billion in operating profit in the recent fiscal year. Analysts say H-P has overpaid for Autonomy, leaving less money available for additional strategic moves. Apotheker defended that decision saying the Autonomy acquisition makes it possible for H-P to skip a generation of technology as it enables businesses to make sense of unstructured data.
H-P CEO Leo Apotheker defends H-P's plan to spin off its PC unit. He says it wasn't possible for H-P to invest enough in the business to be competitive and make the necessary structural changes needed in other parts of H-P's business. The new product development cycles are much faster than what a congomerate like H-P could accomplish in areas such as the tablet PC, as consumers are looking for a stream of new product devices. H-P's PC unit generated $40.1 billion in revenues and $2 billion in operating profit in the recent fiscal year. Analysts say H-P has overpaid for Autonomy, leaving less money available for additional strategic moves. Apotheker defended that decision saying the Autonomy acquisition makes it possible for H-P to skip a generation of technology as it enables businesses to make sense of unstructured data.
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