Unlike Integrated Oil Companies (IOCs) such as BP(BP), Royal Dutch Shell (RDS.A, RDS.B), TOTAL (TOT) and others, National Oil Companies (NOCs) are majority-owned by the state. For example, the Norwegian government is the largest shareholder in Statoil (STO), the country’s largest oil company. The state owns 67% of all outstanding shares of Statoil. Some consider …
Each year The Banker magazine publishes a list of the best global banks based on various factors such as profits, losses, assets, etc. The graphic below lists the best and worst banks based on 2009 data: via The Economist It is interesting to note that the two most profitable banks in the world are Chinese …
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Recently the Insurance Journal published an interesting article on oil spills and some of the issues that are ignored in the mainstream media when discussing BP’s Deepwater Horizon spill. From the article: “The Deepwater Horizon oil spill in the Gulf of Mexico is not simply a random accident. There will be more of these spills …
The following six non-European bank stocks have dividend yields of over 5% as of June 30,2010: 1.Bank: BBVA Banco Frances (BFR) Current Dividend Yield: 10.78% Country: Argentina 2.Bank: Banco de Chile (BCH) Current Dividend Yield: 6.45% Country: Chile 3.Bank: DBS Group Holdings Ltd (OTC: DBSDY) Current Dividend Yield: 8.49% Country: Singapore 4.Bank: Westpac Banking Corp …
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Germany’s Export Boom Has Trade Partners Stewing Chinese banks pass extreme loan default stress test First 3 German banks pass stress tests-sources BofA reclaims top spot, ICBC leads profit: study CP, CN railways to get boost from economic recovery Why China’s revaluation can’t solve America’s problems What East Asia-Pacific countries have to teach the world Money …
Continue reading ‘Knowledge is Power: Germany, Stress Test, Small Banks Edition’ »