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Cenovus posts second quarter profit amid ConocoPhillips deal

Cenovus Energy Inc. reported a profit in its second quarter, boosted by its purchase of most of the Canadian assets of ConocoPhillips.

The company reported a quarterly profit of $2.64 billion or $2.37 per share, including a $1.8-billion non-cash revaluation gain on its interest in an oilsands joint venture with ConocoPhillips that it acquired full ownership in. 114 more words


Suncor posts higher earnings despite lower than expected oilsands production

Suncor is reporting higher net earnings in the second quarter despite lower than expected oilsands production due to maintenance down time at its northern Alberta projects. 197 more words


Chicago Fed Saw Stronger National Activity in June

The Federal Reserve Bank of Chicago may be a regional branch of the Federal Reserve, but the group releases a national economic tracker called the Chicago Fed National Activity Index. 328 more words


Australia’s most successful indigenous musician has died

(K. Brent Tomer),

DR YUNUPINGU, an indigenous Australian musician who sold over half a million records worldwide, wrote very few songs in English. The rest were sung in different languages of the… 144 more words

Brent Tomer

The End of Easy Money?

Popular Economics Weekly

The Fed just completed its July FOMC meeting and said the sale of some of its $4.5 trillion in securities would begin this year. 487 more words

Weekly Financial News

Join me?

Degree done and dusted, now what ?

Time to read more ! (read as: sleep). On a serious note, I’ve been reading and researching on environment management in Malaysia since I came back and found lots of interesting changes that’s happening in our beloved country. 1,124 more words