$11.29 a gallon in Turkey? Consumers worldwide wrestle with rising gasoline prices
Feeling woozy about the fortune you’ve just pumped into your gas tank? Drivers around the world share the sensation.Consumers, gas retailers and governments are wrestling with a new energy order, where rising oil prices play a larger role than ever in the daily lives of increasingly mobile people. But as the cost of crude mounts, [...]
Stocks trade mixed as data forecast modest economic growth
Stocks traded mixed Monday after weakness in the technology sector unraveled some of Wall Street’s enthusiasm over an economic report that suggested the economy could still be growing.
The Dow Jones industrial average, which had been up more than 100 points, traded well off its highs.
The Conference Board’s leading economic indicators report showed a 0.1 percent [...]
Ex-Malaysian leader calls for ban on Halliburton
Former Prime Minister Mahathir Mohamad on Saturday slammed the government’s move to allow U.S. oilfield services provider Halliburton Co. to begin operating in Malaysia, saying the country doesn’t need “blood money.”
“It is appalling that we have allowed this war-profiteering company to invest in Malaysia,” he said in a statement, referring to Halliburton’s contracts in Iraq [...]