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Essar Oil cuts fuel prices by up to Rs 2.50 a litre

Published July 10, 2009, 5:24 am, The Hindu

NEW DELHI: Taking cues from falling global oil prices, Essar Oil Ltd will cut petrol and diesel prices in the range of Rs 0.50 to Rs 2.50 a litre from July 16 to bring them at par with rates of public sector firms.

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Canadian Job Losses Less Than Expected As Economy Shows Signs Of Stabilizing

Published July 10, 2009, 5:22 am, Daily FX

The net change in Canadian employment was -7,400 which beat estimates of -35.0K, but unemployment rose to an 11 year high of 8.6%. A rise of 37.2K from -32K in self employment helped offset job losses in the goods producing and manufacturing sectors.

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Global Alumina Announces Commencement of Substantial Issuer Bid

Published July 10, 2009, 5:17 am, PR Newswire via Yahoo! Finance

Global Alumina Corporation , a corporation participating in a joint venture to develop an alumina refinery, mine and associated infrastructure in the bauxite-rich region of the Republic of Guinea , announced today that it has commenced its substantial issuer bid by way of a "Dutch auction".

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Neighbors at odds with proposed Dayton plant

Published July 10, 2009, 4:02 am, Nevada Appeal

A legal notice that owners of a chemical processing facility in Dayton have applied for a water pollution control permit has drawn the attention of nearby residents who fear the plant could endanger lives and property values.

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Nigeria: PTI? Not Kaduna

Published July 10, 2009, 3:48 am, AllAfrica.com

Abuja — THE proposed N19 billion Petroleum Training Institute, PTI, in Kaduna is a provocative waste. The Federal Government's silence to mounting opposition to its establishment is instructive, and may be an admission it is wrong. Silence remains inadequate reaction to this matter.

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IEA sees dramatic turnaround in global economic growth in 2010

Published July 10, 2009, 3:35 am, Channel NewsAsia

PARIS: The "green shoots" of global economic recovery now appear far frailer than expected but should bloom strongly next year when emerging economies will drag up growth and oil demand, the IEA said on Friday.

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The tellurium supply conjecture

Published July 10, 2009, 3:14 am, Resource Investor

The economies of scale have been surmised by proponents of a new technology for solar cell production need brought back down to Earth by a look at the facts.

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South Africa: Dwindling Gas Supplies a Challenge for PetroSA

Published July 10, 2009, 1:18 am, AllAfrica.com

Johannesburg — WITH natural gas reserves insufficient to keep its gas-to-liquids refinery running beyond next year, national oil and gas company PetroSA is looking out for more gas.

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Hong Kong, China shares drift

Published July 9, 2009, 11:08 pm, BusinessDay

HONG KONG — Shares in Hong Kong and China were little changed by midday on Friday, but investors shrugged off their concerns over the global economic outlook to pile into the new listings in both markets, boding well for the languid primary market.

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HK, China shares drift; new listings surge

Published July 9, 2009, 10:26 pm, Reuters via Yahoo! Asia News

HONG KONG, July 10 (Reuters) - Shares in Hong Kong and China were little changed by midday Friday, but investors shrugged off their concerns over the global economic outlook to pile into the new listings in both markets, boding well for the languid primry market.

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