conflict

Crude For May Delivery Approaches $112 A Barrel

Buying momentum has continued as hopes fade for a quick resolution of conflicts in Libya. Last week, crude-oil futures traded at $106 a barrel and prices have only climbed since then.

The weakening of the U.S. dollar and uncertainty over a possible U.S.

commodity, conflict, crude, currency, dollar, economy, energy, government, inflation, libya, middle east, oil, price

Light crude for May delivery approached the $112 a barrel level, while Brent crude futures rose $1.74 to $124 a barrel.

By FNNO Staff
fnnonline@gmail.com

Vodafone Group Increasing Its Stake In Indian Joint Venture

The deal will increase Vodafone's stake to 75% of the company, while Essar will be completely divested.

cash, company stake, conflict, disagreement, essar group, india, ipo, joint venture, jv, mobile, nasdaq, operator, phone, settlement, telecom, vod, vodafone

Vodafone Group PLC (NASDAQ:VOD), the British mobile phone giant, will buy an additional 33% of its Indian joint venture for $5 billion in cash, after partner Essar Group exercised an option to sell its 22% holding in India's 3rd l

By FNNO Staff
fnnonline@gmail.com

Gaddafi's Forces Advance Towards Benghazi, Situation For Rebels Growing Desperate

Published on Wed, 03/16/2011 - 11:01
By FNNO Staff in General Interest, benghazi, conflict, libya, muammar gaddafi, war, world news, News Update

Gaddafi said of the rebels: "They have no hope. Their cause is lost. There are only two possibilities: Surrender or run away."

The international criminal court estimated, as of March 7th, that 10,000 people had been killed in the fighting so far.

benghazi, conflict, libya, muammar gaddafi, war, world news

Libyan government forces have advanced closer to Benghazi Wednesday, after taking the nearby city of Ajdabiya. Benghazi, which Libya's second largest city, is where the uprising to oust Muammar Gaddafi began one month ago.

By FNNO Staff
fnnonline@gmail.com

Comcast, Zoom Telephonics Reach Settlement in Cable Modems Dispute

Published on Wed, 03/09/2011 - 15:22
By Stephanie Shyu in General Interest, CMCSA, zmtp, cable modem, cmcsa, comcast, conflict, consumers, dispute, fcc, media, network, retail, sale, settlement, shares, telephonics, zmtp, ZOOM, News Update

The dispute involved the testing of ZMTP's cable modems intended for sale to consumers at retail outlets and the ability of users to attach those modems to CMCSA's network.

Both companies agree that the resolution of their dispute will further consumer choice in the cable modem marketplace.

cable modem, cmcsa, comcast, conflict, consumers, dispute, fcc, media, network, retail, sale, settlement, shares, telephonics, zmtp, ZOOM

Comcast (CMCSA) and Zoom Telephonics (ZMTP) today announce that they have reached a settlement regarding their dispute over cable modems. The companies have filed a joint motion to dismiss the complaint that ZMTP filed last Novemb

By Stephanie Shyu
sshyu@fnno.com

Carnival Corp. Drops Mazatlan Stop Due to Violence

Published on Mon, 03/07/2011 - 14:14
By Stephanie Shyu in General Interest, CCL, carnival, ccl, conflict, cruise, dock, mazatlan, mexico, passengers, resort, shares, ship, stock, travelers, vacation, violence, News Update

The stock opened up 26 cents at $40.62, but turned negative mid-morning and fell to its low before rebounding. It has added back $1.59 to trade at $40.06, down $0.30 or 0.74%.

The company called the move precautionary and said no incidents have been reported involving cruise passengers, according to a statement provided to the AP.

carnival, ccl, conflict, cruise, dock, mazatlan, mexico, passengers, resort, shares, ship, stock, travelers, vacation, violence

Carnival Corp. (CCL) is down just under 1% and moving off its low of $38.47 after it said it cruise line is the latest operator to end stops in Mazatlan because of violence in the Mexican resort town.

By Stephanie Shyu
sshyu@fnno.com

Qaddafi forces bomb oil-rich region today

Published on Thu, 03/03/2011 - 08:50
By FNNO Staff in General Interest, arab league, bombing, conflict, hugo chavez, libya, oil, qaddafi, venezuela, world news, News Update
arab league, bombing, conflict, hugo chavez, libya, oil, qaddafi, venezuela, world news

Libyan rebels successfully repelled an attack by government forces near a key oil port yesterday, and the government responded with at least three more bombing raids in the area today, according to the Washington Post. If other co

By FNNO Staff
fnnonline@gmail.com

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