- 31Aug
U.S. crude production rises to record as drilling climbs in Texas: EIA
NEW YORK (Reuters) by Jessica Resnick-Ault – U.S. crude oil production rose 231,000 barrels per day, or 2 percent, to a record 10.674 million bpd in June, the U.S. Energy Information Administration said in a pair of monthly reports on…
0 comments Read more31AugU.S. retail gasoline prices heading into Labor Day weekend are highest in four years
The U.S. average retail price for regular gasoline on August 27, 2018, was $2.83 per gallon (gal), the highest price on the Monday before Labor Day since 2014, when it was $3.45/gal. The 2018 price is 43 cents/gal higher than…
0 comments Read more31AugThe International Compliance Association partners with Temple Professionals, Mauritius with Anti Money Laundering programme offering
The challenge of managing transnational and international AML risks is one that demands an internationally ‘joined up’ approach and a common understanding of emerging trends. Demonstrative knowledge of a commitment to the highest standards of practice and conduct is a…
0 comments Read more31AugFinastra joins Bahrain FinTech Bay to accelerate bank and Fintech collaboration in the Middle East
Leading innovation hub brings opportunities to drive open innovation via FusionFabric.cloud London, UK, 30 August 2018, Finastra today announced that it has joined Bahrain FinTech Bay. With one of the most diverse and dynamic networks across the Middle East and Africa, the Fintech……
0 comments Read more31AugLNG Roundtable: Asian players discuss growing pricing transparency and LNG MOC
The Middle East LNG Institute facilitated The LNG Roundtable, supported by S&P Global Platts, in Singapore in July. Against the backdrop of LNG’s fast-increasing commoditization, participants debated “How to Trigger ‘LNG Markets 2.0’ to be Fit for Purpose for the…
0 comments Read more31AugResponsible cobalt sourcing for EVs: a new role for blockchain emerges
Blockchain may soon become an important auxiliary tool in responsible sourcing of cobalt, a prime element in batteries for electric vehicles. Assuming, that is, international authorities or organizations are willing to help drive its implementation. The movement has already started. …
0 comments Read more31AugTime running out for EU Brexit temporary permissions regime
UK clearing houses may need to eject EU member positions if BoE scheme is not reciprocated by year-end Source: Risk feed
0 comments Read more31AugOCC won’t offer further guidance on ‘fourth-party’ risk
Onus is on banks to vet subcontractors during contract negotiations, regulator says Source: Risk feed
0 comments Read more30AugShipments to gas stations before certain holidays affect gasoline product supplied
U.S. holiday weekends associated with increased driving, such as Labor Day and Memorial Day, often result in large swings or changes in gasoline product supplied. EIA uses product supplied as a proxy for U.S. gasoline consumption. Some of the largest…
0 comments Read more30AugUK Treasury never analysed impact of risk weights for EU debt
Risk weight move seen as political threat to EU sovereign issuance to force Brexit equivalence deal Source: Risk feed
0 comments Read more30AugTungsten Network selects NewVoiceMedia as contact centre partner to transform service experience for global customer base
NewVoiceMedia, a leading provider of cloud contact centre and inside sales solutions, announced today that Tungsten Network has selected its NVM Platform to better serve its global customer-base by delivering exceptional, emotive experiences. Tungsten Network, a secure business transaction… Source:…
0 comments Read more30AugOil rises on Iran sanctions, lower U.S. fuel inventories
LONDON (Reuters) – Oil prices rose on Thursday, extending gains on growing evidence of serious disruptions to crude supply from Iran and Venezuela and after a fall in U.S. crude inventories. Benchmark Brent crude oil LCOc1 was up 30 cents…
0 comments Read more30AugInsight: Is the US risking overuse of sanctions?
As the US government increasingly turns to energy-sector sanctions — or the threat of them — as a foreign policy tool, some have started to question whether the strategy carries long-term risks. Iran and Russia, the chief targets of US…
0 comments Read more30AugSterling holds Brexit gains as Aussie dollar slumps on capex data
Source: Financial Times, 30th August 2018 Asia-Pacific equities in mixed trading after Wall Street posts new record high Read the full article on FT.com Source: Commodities Now – Technology and Commodity – Sterling holds Brexit gains as Aussie dollar slumps…
0 comments Read more29AugGridGain Systems Provides Sneak Peek of Agenda for Fourth Annual In-Memory Computing Summit North America
GridGain® Systems, provider of enterprise-grade in-memory computing solutions based on Apache® Ignite™, today offered a preview of breakout sessions for the fourth annual In-Memory Computing Summit North America. The breakout session speakers include representatives from… GridGain Systems Source: Bobs Guide…
0 comments Read more29AugQuants tout improved expected shortfall backtest
Measure touted as better gauge of VAR violations Source: Risk feed
0 comments Read more29AugDigital Commodity Warehouse Receipts now available
Kynetix, the leading provider of software solutions which connect the financial markets to the physical economy are pleased to announce that their modular commodities software is now available online as a subscription service. Sentinel is a flexible, ready-to-use software solution…
0 comments Read more29AugLivent IPO to test faith in electric car revolution
Source: Financial Times, 29th August 2018 FMC aims to raise $100m for group that supplies lithium for battery-powered vehicles Read the full article on FT.com Source: Commodities Now – Power and Energy – Livent IPO to test faith in electric…
0 comments Read more29AugNaturipe partners with SAP in blockchain initiative
Naturipe Farms is working with Germany-based software company SAP on an initiative to lead retailers and consumer products companies using blockchain technology to improve food safety and reduce waste. The goal is to help build the next-generation of farm-to-consumer “track…
0 comments Read more29AugPowel Focuses on Automation Across Value Chain
Recently, I had a call with Stefan Zähringer, General Manager at Powel AG., to catch up with developments at Powel. Mr. Zähringer noted that he was seeing several definite trends in the marketplace currently that included a distinct shift to…
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