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Image : Cody Gribble wins Sanderson Farms for 1st PGA Tour title

Cody Gribble wins Sanderson Farms for 1st PGA Tour title

person Orange Themes access_time Oct 31,2016

JACKSON, Miss. (AP) — Cody Gribble won the Sanderson Farms Championship on Sunday for his first PGA Tour title, closing with a 7-under 65 for a four-stroke victory.

Image : US jobless claims fall in week before Christmas holiday

US jobless claims fall in week before Christmas holiday

person Orange Themes access_time Dec 29,2016

Yahoo News New US claims for jobless benefits fell in the week before the Christmas holiday, continuing a record streak of low levels, the Labor Department reported Thursday. First-time claims for unemployment insurance fell 10,000 in the week

Image : Higlands Coffee plans to go public in 2019

Higlands Coffee plans to go public in 2019

person Orange Themes access_time Nov 22,2016

The Superfoods Group and the Viet Thai International Joint Stock Company plans to conduct an IPO and list on Vietnam’s stock exchange, according to the Manila Bulletin, the Philippine’s leading newspaper.

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Nigeria oil output nearly back to normal: minister

access_time Nov 02,2016 chat_bubble_outline 63 views
Nigeria oil output nearly back to normal: minister

Abuja (AFP) - Nigeria's oil production is nearly back to normal following a sharp drop earlier this year due to rebels attacking pipelines, the oil minister said Tuesday.

"The reality is that as of today and this morning, we are at 2.1 million barrels production. That's substantial," Minister of State for Petroleum Emmanuel Kachikwu said in the nation's capital of Abuja.

Nigeria normally produces around 2.2 million barrels per day (bpd), but output dropped to a low of 1.4 bpd this year due to rebels attacks.

Addressing the press after a meeting between Nigerian President Muhammadu Buhari and representatives from the oil-producing Niger delta region, Kachikwu said "a lot of behind the scene engagements" were paying off.

"Part of the expectations by 2017 is to target zero shutdowns as a result of militancy," Kachikwu said, describing the talks as "fairly good, fairly civilised dialogue".

The meeting was attended by Edwin Clark, a veteran leader who spoke on behalf of some of the militant groups in the country's restive southern swamplands, including the Niger Delta Avengers.

Clark made 16 demands to the Nigerian government, including revamping an amnesty programme for ex-militants, reducing the military presence in the region and cleaning up pollution.

The demands borrow heavily from the Avengers, who demand a greater share of oil revenue and also want the government to finish construction of a university.

Without peace in the Niger delta, which produces the bulk of Nigeria's oil, Buhari will struggle get the funds needed to kick-start the Nigerian economy out of its worst slowdown in years.

But analysts point out that his government can only meet so many of the demands.

"I think it's the beginning of the discussion," Dolapo Oni, energy analyst at Ecobank, told AFP.

"We've seen the demands and we know not all of them can be granted, but as much that can be done I think Buhari will do," Oni said.

Then there is the issue of rival militant groups threatening any agreement.

On Sunday, the Niger Delta Greenland Justice Mandate group claimed an attack on a gas pipeline, saying it will "never support" the talks and declaring "this is not ending soon."

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Some business fields to face big challenges in 2017

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VN auto industry continues to struggle

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A smart Saigon needs smart citizens: new city chief

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15,000 residents lose homes in Manila shantytown fire

MANILA, Philippines (AP) — Authorities say 15,000 residents of a shantytown beside Manila's port have lost their homes in a fire that raged overnight before being put out Wednesday morning.Fire department officials said about 1,000 homes were gutted in the sprawling Parola Compound, where several families often share tiny houses running along narrow alleyways.Fire officer Edilberto Cruz said seven people suffered minor injuries in the fire that broke out Tuesday night then quickly spread. The… chat_bubble_outline Read More...

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