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Qatar sovereign wealth fund plans Asia push to diversify from Europe, US
DOHA (BLOOMBERG) – Qatar’s sovereign wealth fund is looking east for deals in an effort to diversify an investment portfolio heavily weighted toward North America and Europe. Asia “has been very much on our radar screen,” Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani said in an interview with Bloomberg TV. Sheikh Mohammed is also […]
Denver weather: Cold temps to ease following wind chill advisory
An end to the frigid temperatures is in sight, and high temperatures in Denver Tuesday could even get up to the low 30s Tuesday. The wind chill advisory for the eastern half of the state ends at 8 a.m. Tuesday after early morning wind chills reached -7 degrees in Denver. Temperatures in Jackson County reached […]
The real price of Occidental’s ‘costless’ oil hedge
By Devika Krishna Kumar and David French (Reuters) – In just 12 days, Occidental Petroleum Corp pulled off one of the biggest hedges against falling oil prices ever placed by a U.S. energy company. It characterized the transaction as “costless” but a Reuters review of regulatory filings, market data and interviews shows that’s not the […]