Drle Older people must shoulder their share of government spending cuts
Friday 04 July 2014 8:47 am|Updated:Thursday 06 June 2019 11:50 pmUSA races ahead to be worldrsquo largest producer of oil and gasBy: Guy BentleyShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a pref
stanley ca erredsource on GoogleThe USA now leads the world in the production of oil and gas overtaking both Saudi Arabia and Russia in the last six months, according to research from Bank of America Merrill Lynch BoAML .US oil production has surged by 70 per cent since it bottomed out in 2008, while liquefied natural gas output has jumped by 40 per cent since 2005.As a result, America has become far less dependent on foreign energy, spending less than 1.5 per cent of national income on oil and gas from overseas. The American experience provides a stark contrast with the situation in Europe and China, which have both been hit by high international energy prices.Domestic natural gas prices in the US have plummeted in recent years thanks to the shale gas re
polene tasche volution. However, the benefits to the US industrial sector have not
stanley cup always been dramatic, with light manufacturing not experiencing the gains seen in other sectors.Nonetheless, examining the data on a state-by-state basis, BoAML also found a strong relationship between US employment growth and the production of oil and gas over the last five years. Furthermore, wage rises have been strongest in those states with increasing oil output over the same period.Energy i Ggsx IMIC rsquo Afferro bid approved
Thursday 28 January 2010 9:06 pm|Updated:Saturday 01 June 2019 11:04 amMicrosoft sees profits rocket 60 per centBy: KCS-contentShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleMICROSOFT yesterday posted a bigger-than-expected 60 per cent jump in quarterly profit, helped by strong sales of Windows 7, and said it expected business technology spending to recover this year.The worldrsquo biggest software maker said yesterday that net profit came to $6.7bn pound;4.2bn , or 74 cents per share, for its fiscal second quarter, versus $4.2bn, or 47 cents per share, a year ago.Microsoftrsquo shares rose just one per cen
owala t in after-hours trading, a relatively muted reaction that analysts attributed in part to a run-up in the stock following the launch of the Windows 7 operating system in October.Make no mistake, these were very good results out of Microsoft. Expectations wer
owala canada e heightened ever the last few weeks, given fourth quarter PC shipments and good numbers from Intel, said Andy Miedler, analyst at Edward Jones.Windows 7 has proved to be Microsoftrsquo strongest-selling operating system to date after the disappointing Vista. PC sales grew 15.2 per cent last quarter. Microsoftrsquo
polene cyme revenue rose 14 per cent to $19.02bn, including $1.71bn of deferred revenue from the Windows 7 launch in October.Share this articleFacebookXLinkedInWhatsAppEmailSimilarly tagged co