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Business Last Updated: Jun 27, 2016 - 7:58:30 AM


Business
Tanker supply bites VLCC market, as spot returns plunge to lowest levels in almost two years
VLCC tanker owners had their own troubles over the course of the past week, as spot returns retreated to the lowest level since October 2014, with shipbrokers reporting TCE earnings for Middle East/Japan (TD3) falling close to $20,000/da

Jun 27, 2016 - 7:56:56 AM

Business
Wealthy Russian Families Lose Up to 75% of Their Income in 2015
Wealthy Russian families lost between 25 and 75 percent of their income in 2015, the Vedomosti business daily reported Thursday, citing the Russian Wealth Report 2016.

Jun 25, 2016 - 11:33:30 AM

Business
George Soros among the big winners
Two of the most famous hedge fund managers are perhaps the biggest winners from the shock Brexit vote.

Jun 25, 2016 - 11:21:32 AM

Business
East African LNG - the global race intensifies
The vast and well-documented gas reserves in East Africa continue to whet the appetite of investors along the New Silk Road

Jun 24, 2016 - 9:47:36 AM

Business
Russian Real Incomes Drop 11.5% in May
Russians saw their real incomes fall by 11.5 percent in May compared to the previous month, the Rosstat state statistics service reported Monday.

Jun 22, 2016 - 11:36:18 AM

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