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DEC 17, 2014 - TheStreet

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How Much GE, ExxonMobil and Other Big Firms Are Exposed to Russia

NEW YORK (TheStreet) -- How much exposure do you have to Russia in your portfolio? That question has become paramount this week as plunging oil prices and the skidding ruble have wreaked havoc on the Russian economy, creating major worries in global markets.  The Central Bank of Russia has hiked interest rates to 17% to try and stem the free-fall in ...

Tags: How Much GE, ExxonMobil and Other Big Firms Are Exposed to Russia,  British Petroleum Latest News

DEC 16, 2014 - Zero Hedge

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Frontrunning: December 16

Ruble Sinks to 80 a Dollar Defying Surprise Russia Rate Increase (BBG) Oil slumps near $59 for first time since 2009 on oversupply (Reuters) Oil sinks, Russian moves fail to quell nerves (Reuters) Fed Seen Looking Past Low Inflation to Drop ‘Considerable Time (BBG) At least Europe is "fixed" - Eurozone PMI picks up gingerly in December (FT) Students Among ...

Tags: Frontrunning: December 16,  British Petroleum Latest News

DEC 15, 2014 - MarketWatch

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Hong Kong stocks widen losses after China data disappoint

HONG KONG (MarketWatch) -- Hong Kong stocks saw their opening losses grow Monday morning after the preliminary version of HSBC's monthly Chinese manufacturing index showed its first contraction since May. The Hang Seng Index was quoted 0.8% lower, with the H-share index declining 0.9%. The banking sector recorded broad-based declines, as both international and Chinese banks suffered losses. Index heavyweight ...

Tags: Hong Kong stocks widen losses after China data disappoint,  British Petroleum Latest News

DEC 15, 2014 - MarketWatch

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Australia stocks trek lower, led by resources

LOS ANGELES (MarketWatch) -- Australia stocks extended their downhill march Tuesday, as the S&P/ASX 200 fell 0.5%, having ended lower in the previous five sessions. With crude-oil futures spiralling ever downward, energy shares suffered (Woodside Petroleum Ltd. down 2.7%, Santos Ltd. down 2%, WorleyParsons Ltd. down 3.1%), while selling also hit miners of gold (Kingsgate Consolidated Ltd. down 2.3%, Newcrest ...

Tags: Australia stocks trek lower, led by resources,  British Petroleum Latest News

DEC 15, 2014 - TheStreet

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Apache Sheds International Gas Projects for $2.75 Billion

Houston oil and gas explorer Apache Corp. , which has been pressured by activist investor Jana Partners LLC to shed its international assets, said Monday, Dec. 15, it agreed to sell its interest in liquefied natural gas projects and their related oil and gas reserves in Australia and Canada to Woodside Petroleum Ltd. for $2.75 billion. The company will also ...

Tags: Apache Sheds International Gas Projects for $2.75 Billion,  British Petroleum Latest News