Fox Business - The Power to Prosper
Search Site

Nuclear Program

Related Topics

  1. Security Council
  2. North Korea Fires Artillery Shells
  3. Xi Jinping
  4. International Atomic Energy Agency
  5. Ballistic Missiles
  6. President Hu Jintao
Get updates on Nuclear Program
Essar Likely to Sign Pact with Chinese Bank for $1 Billion Loan

Essar Oil Ltd. (500134.BY) will likely sign an initial agreement with a Chinese bank Tuesday for a $1 billion loan as part of the Indian company's efforts to tap overseas funds to refinance expensive local debt, a person with direct knowledge of the matter said Monday.The likely deal with China Development Bank will be supported by an agreement to supply fuel products from Essar's refinery to China's PetroChina Co. (0857.HK), said the person who asked not to be named."The amount will be a kind of an advance payment for fuel product exports," the person said. This will be an initial agreement and details will be worked out later, the person said.In a statement, the Essar group said it has been in discussions with several international banks, including Chinese banks, to replace its local debt. "China Development Bank is part of that conversation," it added.Essar Oil, a unit of Essar Energy PLC (ESSR.LN), plans to raise $1.8 billion through overseas loans and bonds over the next three to ...

Read More ›

  1. Insights on political risk help TCW fund surpass peers

    The TCW emerging markets bond team has always sought investment opportunities in economic and political upheaval, a strategy that has led to double-digit returns for...

  2. Oil Climbs a Second Day, Settles Above $94

    Oil futures climbed for a second day in a row on Tuesday to settle above $94 a barrel. A powerful earthquake in southern Iran and concerns over a lack of progress in...

  3. Crude Edges Up; Focus on Iran, Inventory Data

    Crude-oil futures edged upward in Asian trade Tuesday, extending the previous day's gains as inflation in China eased and geopolitical tensions continued in the regi...

  4. Banking union a priority for Lew in Europe

    Europe's economic weakness and financial turmoil affect the U.S. economy, U.S. Treasury Secretary Jack Lew told EU leaders on Monday, stressing the need to boost dem...

  5. Oil Futures Make Gains in Asia

    Crude-oil futures rebounded in Asian trade Monday as investors weighed weak U.S. economic data and other developments in the region.On the New York Mercantile Exchan...

  6. Weak Jobs Data Batters Crude; Brent Sinks to Lowest in 8 Months

    A disappointing reading on March U.S. payrolls sent crude oil futures tumbling, with Brent crude sinking to an eight-month low, on fresh concerns about weak oil dema...

  7. Weak Jobs Data Batters Crude; Brent Sinks To Lowest in 8 Months

    A disappointing reading on March U.S. payrolls sent crude oil futures tumbling, with Brent crude sinking to an eight-month low, on fresh concerns about weak oil dema...

  8. North Korea Jitters Send South Korean Stocks Spiraling

    South Korea's benchmark index tumbled another 1.6% on Friday as North Korea and its leader Kim Jong Un rattle global investors with increasingly-hostile rhetoric.The...

  9. Crude-Oil Down a Tad, On Course for Worst Week in Months

    Crude-oil futures were trading slightly lower on Friday morning in London, with both benchmark contracts on course for their worst week in many months.At 1047 GMT, t...

  10. North Korea Plans to Restart Yongbyon Nuclear Plant

    North Korea said on Tuesday that it would restart its only nuclear reactor to provide material for its weapons program and electricity, a move that will add to tensi...

  11. Seoul Lashes Back at North Korea

    South Korea said Monday it would speed up plans to develop missile-defense systems, as President Park Geun-hye called for "strong retaliation" against any provocatio...

  12. Brics Criticize Central Bank Moves in U.S., Europe

    The Brics club of emerging markets complained Wednesday that central bank moves in the U.S., Europe and Japan to boost economic activity were having "negative spillo...

  1. Crude Oil Lower in Asian Trading

    Crude-oil futures fell in Asian trading Thursday amid continued worries over global economic growth and falling U.S. gasoline consumption pushing Nymex below $94 a b...

  2. Lockheed says furloughs could delay F-35 fighter, other programs

    The Pentagon's plans to put most of its 800,000 civilian employees on unpaid leave for 11 days could lead to delays on Lockheed Martin Corp's F-35 Joint Strike Fight...

  3. Brent Crude Futures Continue to Feel Headwinds

    Brent crude oil futures were slightly lower in London trading Wednesday, as demand in Europe continued muted.At 0939 GMT, the front-month contract for June Brent on ...

  4. Bank of China Shuts N. Korean Account after U.S. Sanctions

    State-owned Bank of China Ltd. (3988.HK) said Tuesday it has cut off a North Korean bank accused by the U.S. of providing financial support to Pyongyang's nuclear an...

  5. U.S. Opposes Japan's Nuclear Plan

    Japan is preparing to start up a massive nuclear-fuel reprocessing plant over the objections of the Obama administration, which fears the move may stoke a broader ra...

  6. Glencore Sold Goods to Iran

    One of Britain's biggest companies has made millions of pounds selling goods to Iran, including to a state-owned firm that supplies the regime's nuclear program, U.K...

  7. Glencore Sold Goods to Iran -Report

    One of Britain's biggest companies has made millions of pounds selling goods to Iran, including to a state-owned firm that supplies the regime's nuclear program, U.K...

‹ Prev12345…Next ›
Freebase CC-BY
Source: Nuclear Program on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL