Business
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InterOil Secures US$470 Million Credit Facility
February 8, 2017
InterOil Secures US$470 Million Credit Facility
InterOil Corporation (NYSE: IOC, POMSox: IOC) today announced that it has entered into a new US$470 million senior secured credit…
Kina Signs Nasfund Funds Administration Mandate
February 8, 2017
Kina Signs Nasfund Funds Administration Mandate
Papua New Guinea (PNG) financial institution Kina Securities Ltd has today signed an agreement with National Superannuation Fund (NASFUND) to…
Wall Street slips as energy shares, oil prices drop
February 7, 2017
Wall Street slips as energy shares, oil prices drop
Image: Wall Street slips as energy shares, oil prices drop By Lewis Krauskopf (Reuters) – U.S. stocks slipped on Monday, led…
Sellers raise concerns over state of Kerema Market
February 6, 2017
Sellers raise concerns over state of Kerema Market
Negligence by those in authority has left the market idle for number of years; this has affected locals who benefit…
Research to Evaluate Competitive Options for Pacific Businesses to Cut Energy Costs
February 6, 2017
Research to Evaluate Competitive Options for Pacific Businesses to Cut Energy Costs
by Kiwiana Ngabung – EMTV Online, Port Moresby The International Finance Corporation (IFC) has partnered with Smart Commercial Solar (SCS)…
Wall St. Week Ahead: Dollar’s sudden weakness could help U.S. profit picture
February 5, 2017
Wall St. Week Ahead: Dollar’s sudden weakness could help U.S. profit picture
By Caroline Valetkevitch and Sinead Carew NEW YORK (Reuters) – Stock investors could have at least one less worry in…
Google, unlike Microsoft, must turn over foreign emails: U.S. judge
February 5, 2017
Google, unlike Microsoft, must turn over foreign emails: U.S. judge
By Jonathan Stempel (Reuters) – A U.S. judge has ordered Google to comply with search warrants seeking customer emails stored…
Alibaba Group expands presence in Australia, New Zealand
February 4, 2017
Alibaba Group expands presence in Australia, New Zealand
SYDNEY (Reuters) – Chinese online retailer Alibaba Group opened its Australian and New Zealand headquarters in Melbourne on Saturday, its…
Takata taps KSS as final bidder for restructuring deal: sources
February 4, 2017
Takata taps KSS as final bidder for restructuring deal: sources
By Maki Shiraki and Paul Lienert TOKYO/DETROIT (Reuters) – Takata Corp <7312.T> has selected Chinese-owned Key Safety Systems (KSS), a…
Nordstrom winds down relationship with Ivanka Trump brand: Bloomberg report
February 4, 2017
Nordstrom winds down relationship with Ivanka Trump brand: Bloomberg report
(Reuters) – Nordstrom Inc <JWN.N> is winding down its relationship with the Ivanka Trump brand, Bloomberg reported, citing a person…