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Investors looking for a defensive play in the current market can buy the stock of National Thermal Power Corporation (NTPC), trading at Rs 150 (price earnings multiple of 13). The stock has managed the market storm relatively better than many others.
Nov. 22 (Bloomberg) -- Saudi Arabian shares dropped to the lowest in almost five years as Saudi Basic Industries Corp. extended the shutdown of a plant in Europe and on concern the global economic slowdown will impact growth in the kingdom.
A $400 million coal gasification plant proposed for the Good Spring area would join just two existing U.S. plants that use the same technology, according to the U.S. Department of Energy.
Nov. 22 (Bloomberg) -- Saudi Arabian shares dropped to the lowest in almost five years as Saudi Basic Industries Corp. extended the shutdown of a plant and on concern the global economic slowdown will impact growth in the kingdom.
WELLSVILLE - In a press release issued Friday, representatives of Baard Energy commented on the Ohio Environmental Protection Agency's decision to issue a final air permit to the Ohio River Clean Fuels project.
WELLSVILLE - Baard Energy received two pieces of good news Thursday.
The $400 million coal gasification plant proposed for Schuylkill County would join just two existing U.S. plants that use the same technology, according to the U.S. Department of Energy.
Nov. 22 (Bloomberg) -- Saudi Arabia's benchmark index declined for a third day, led by Saudi Basic Industries Corp. , after the country's biggest listed company extended the shutdown of a plant in Europe.
By Erwin Seba
Nov. 21 (Bloomberg) -- Saudi Basic Industries Corp., the world’s biggest chemicals maker by market value, is repairing a naphtha cracker at its plant in the Netherlands after shutting it because of a fault earlier this week.
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