Friday 22nd February 2019,
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Oil prices back to square one

Oil prices back to square one

NEW YORK, April 1– Oil prices took one of their biggest hits of the year Friday as pressure from Riyadh’s response to a production freeze was doubled by weak U.S. labor figures. Mohammed bin Salman, the deputy crown prince of Saudi Arabia, poured water on a fire set by talks of a production freeze from [...]

April 2, 2016 Saheli Business Comments Off on Oil prices back to square one

Marriott wins back Sheraton-owner Starwood with new offer

Marriott wins back Sheraton-owner Starwood with new offer

Starwood Hotels and Resorts Worldwide Inc (HOT.N), owner of the Sheraton and Westin brands, accepted a higher $13.6 billion acquisition offer from peer Marriott International Inc (MAR.O), spurning a bid from China’s Anbang Insurance Group. The move dramatically raises the stakes in the bidding war since the deal with Marriott prohibits Starwood from communicating with [...]

March 21, 2016 Saheli Business Comments Off on Marriott wins back Sheraton-owner Starwood with new offer

Argentina lawmakers back debt settlement deal

Argentina lawmakers back debt settlement deal

After 20 hours of debate, a majority of 165 to 86 lawmakers voted in favour of repealing two bills which stood in the way of the agreement with creditors. It is a victory for President Mauricio Macri who struck the deal after his election win in November. It will now go to the Senate, where [...]

March 16, 2016 Saheli Business Comments Off on Argentina lawmakers back debt settlement deal

Want to retire in comfort? Back Bernie Sanders on free college tuition

Want to retire in comfort? Back Bernie Sanders on free college tuition

Bernie Sanders, in his election manifesto, has argued for making tuition free at public colleges and universities. This is a proposal that has struck many, including prominent economists, as ludicrous. For sure, there are scant details about how all this would work in practice and I don’t mean to shove those under the rug. And [...]

March 15, 2016 Saheli Education Comments Off on Want to retire in comfort? Back Bernie Sanders on free college tuition