Exxon Lowers Investment Bar, Buys Projects Previously Deemed Too Piddling Exxon Mobil Corp., BP Plc and Total
SA are investing in assets that previously weren’t worth their
time or money after oil-rich nations reduced access to reserves
and exploration drilling faltered.
`Cinderella' Wine Valley Razed by Chile Quake Signals Bankrupt Vineyards Chile’s strongest earthquake in 50
years may bankrupt smaller winemakers after vines collapsed,
casks broke apart and millions of liters were spilled, a former
Goldman Sachs Group Inc. banker-turned-winemaker said.
City of London Developers to Start Skyscrapers as Rents End Two-Year Drop Brookfield Asset Management Inc.,
owner of a stake in the U.K.’s tallest building, is about to
start constructing an even higher tower in the City of London.
Cadillac Plays Down GM Ties to Avoid Bankruptcy Stigma, Craft Own Identity Cadillac, the luxury brand General
Motors Co. acquired in 1909, is distancing itself from the
Detroit-based automaker to avoid the stigma of the parent
company’s $50 billion U.S.-backed bankruptcy last year.
Pound's Slide to Help U.K. Outpace Euro Economies, Goldman's Nielsen Says The pound’s drop last week to a 10-
month low may help the U.K. economy grow faster than the region
sharing the euro, which is hobbled by budget deficits and aging
populations, according to Goldman Sachs Group Inc.
Gates $44 million Ethanol Loss Before Rebound Means More Profit for Valero Ethanol, the commodity that cost
Bill Gates more than $44 million the last time prices collapsed,
is poised to rally as much as 20 percent as the fastest drop
since 2008 spurs demand.