June, 2017

• 27 June

  Prince of Monaco tours UAE Pavilion at Expo 2017 Astana

  Astana / Emirates Business His serene highness Prince Albert II, Prince of Monaco, was briefed on the efforts of the UAE and its pioneering initiatives in renewable energy during his visit to the UAE pavilion at the Expo 2017 in Astana. Prince Albert II praised the UAE’s strategy of diversifying energy resources and investing in future energy and its achievements ...

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• 27 June

  GETEX Autumn 2017 to offer higher education options

  

  Dubai / Emirates Business The Gulf Education and Training Exhibition (GETEX), the leading student recruitment platform in the Middle East and Asia, is set to return with its autumn edition to support higher education providers in student recruitment for their Fall 2017 and Spring 2018 sessions. Held under the patronage of the UAE Ministry of Education, GETEX Autumn 2017 will ...

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• 27 June

  Corpus Christi port vies to become main US oil export hub

  

  Bloomberg Late last month, an oil tanker that measures three football fields long and six stories high moved slowly through the port of Corpus Christi, Texas, to test the waters of America’s booming crude-export industry. After navigating the Aransas pass around 7 a.m. on May 26, the vessel, Euronav NV’s Anne, didn’t pick up any oil. But its arrival in ...

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• 27 June

  Oil heads for longest gain in a month as US supply seen lower

  

  Bloomberg Oil advanced for a fourth day in New York, its longest run of gains in a month, on estimates that US crude inventories continued their decline from record levels seen earlier this year. Futures added as much as 1.2 percent after rising 2 percent in the previous three sessions. Inventories probably dropped by 2.25 million barrels last week, a ...

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• 27 June

  Hackers hit 75% of oil and gas drillers

  

  Bloomberg Three out of four oil and natural gas companies fell victim to at least one cyber attack last year as hacking efforts against the industry become more frequent and sophisticated. That’s the finding from a report released by industry consultant Deloitte LLP. Technology advances, such as Royal Dutch Shell Plc’s recent control of operations in Argentina from an operating ...

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• 27 June

  Tariffs on solar panels seen slowing industry growth by 66%

  

  Bloomberg A trade complaint asking the Trump administration to impose tariffs on solar panels could devastate the US industry, wiping out two-thirds of solar systems forecast to be installed over the next five years, according to a report by GTM Research. The case, filed by bankrupt panel manufacturer Suniva Inc., would cause equipment prices to spike in the US and ...

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• 27 June

  Cheniere gears up for next wave of export projects

  

  Bloomberg Sixteen months after sending the first cargo of US shale gas overseas, Cheniere Energy Inc. is already preparing to be at the forefront of the next wave of export projects. Cheniere is exploring new ways to finance additional terminals that chill gas to a liquid and ship it across the globe, including skipping the banks and going to other ...

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• 27 June

  Lawyers smiling as new India tax set to fuel litigation wave

  

  Bloomberg India’s new goods and services tax will spark a flood of litigation on everything from which tax brackets companies fall into to the revenue they generate, some of the country’s top lawyers predict. The complex nature of India’s GST — which has four tax brackets ranging from five percent to 28 percent — is bound to attract thousands of ...

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• 27 June

  Cotton crop in India seen at 3-year high on local price

  

  Bloomberg Cotton output in India, the world’s biggest grower, may increase to a three-year high as some farmers plant more of the fiber on better returns compared to other crops. Production will probably climb to 37.5 million to 38 million bales in the harvesting season starting Oct. 1, from 34.1 million bales a year earlier if the monsoon is normal ...

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• 27 June

  China early data signal that growth may have peaked for 2017

  

  Bloomberg The earliest indicators for China’s economy in June signal that the manufacturing sector may be poised to decelerate, while other challenges loom in the second half of this year. Small- and medium-sized enterprises showed the lowest level of confidence in 16 months, a gauge of manufacturing drawn from satellite imagery slumped, and conditions in the steel business remained lackluster. ...

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