Biomethane, chemically the same as natural gas yet available from essentially any kind of organic waste, is emerging as a viable renewable alternative to fossil fuels.
Corporate marriages may be on the rise through the end of the decade, a new survey suggests. Twenty-seven percent of CFOs polled recently said they expect the number of corporate mergers and acquisitions (M&As) overall to increase in the next 12 months. In a follow-up survey, 48 percent of CFOs polled said they anticipate greater M&A activity in the next two to three years.
Slovenia adopted the euro today, joining the 12 European Union countries which already form part of the euro area. The single currency was launched in 1999 and the euro banknotes and coins were introduced three years later, on 1st of January 2002.
In Russian economy the year 2006 has passed by being accompanied with amplification of the leading elite nomenclature-political groups (NPG) within the environment of an active President of the country - Vladimir Putin. This tendency has clearly mostly affected the basic domestic economical industry - the oil-and-gas one.
The second annual "Entrepreneurial Challenges Survey" by Entrepreneur magazine and PricewaterhouseCoopers reveals finding and retaining qualified employees is the top concern for entrepreneurs otherwise generally optimistic about 2007. Full results of the survey are available in the January 2007 issue of Entrepreneur.
Mortgage rates moved higher for the third consecutive week following strong consumer spending figures for November. The average 30-year fixed rate mortgage is now 6.23 percent. According to Bankrate.com's weekly national survey of large lenders, the 30- year fixed rate mortgages had an average of 0.25 discount and origination points.
On December 24th Gazprom Neft JSC has fulfilled the plan of the oil production for the year 2006 when cumulative oil recovery reached the coefficient of 32,014 mln tons. At the year-end Gazprom Neft is going to produce 32,725 mln tons (discounting the share in NGK Slavneft JSC), a 2,22 per cent increase of the business-plan.
The automotive industry has been driven by technology innovation in different parts of the vehicle and this trend will continue to be observed across all major areas such as chassis, powertrain, electronics and safety, among others.
Skittish consumers are a significant factor in the top choices for the most troubled industries in 2007, according to respondents to the Turnaround Management Association's annual Trend Watch poll. Potential homebuyers and U.S. automobile owners seem to be in a "wait-and-see" mode, adding to the current distress in those industries.
Most U.S. households on average have never been better off in the wealth department, Wells Fargo's senior economists said during the company's annual economic forecast teleconference earlier this week. The economists also forecast U.S. economic growth in 2007 despite the current economic slowdown, Federal Reserve interest-rate increases, home price declines, higher oil prices, and the war in Iraq.
