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Chesapeake Energy shares surge most in two years

Bloomberg Chesapeake Energy Corp shares rose the most in two years after board member Archie Dunham, former chief executive of ConocoPhillips’ predecessor company, bought more than $4 million in additional stock. Dunham purchased 2.1 million shares December 21, according to a filing with the US Securities and Exchange Commission, nearly doubling his position this month to over 1 percent of ...

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Indonesian volcano shrinks as collapse caused tsunami

Bloomberg The Mount Anak Krakatau volcano in Indonesia has shrunk to a third after a series of eruptions and a flank that collapsed triggered a tsunami a week ago that killed more than 400 people and injured several thousands. The height of the more than 90-year-old volcano has been reduced to about 110 metres from 338 metres after eruptions intensified ...

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India may cut duties on palm oil imports

Bloomberg India will likely cut import duties on palm oil from next year in a boost to top growers in Indonesia and Malaysia, according to people with knowledge of the matter. Crude palm oil duties for Malaysia will be cut to 40 percent from 44 percent from January 1, while a levy on the refined variety will be reduced to ...

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