Petrochemicals – Brazil – Braskem, Plantic sign bioplastics deal
Brazilian petrochemicals company Braskem (NYSE: BAK) has signed an agreement with Australian bioplastics company Plantic Technologies for the use of polyethylene resin produced by Braskem from sugarcane in Plantic’s eco Plastic product line. Braskem said in a statement that Plantic’s eco Plastic line will be the first ultra-high barrier packaging made from renewable raw materials. [...]
Read MoreGold’s correlation to euro since end of March rises to nearly 70%: Deutsche Bank
NEW YORK (Commodity Online): Since the end of March, gold’s correlation to the euro against the dollar has risen to a multi-year high of nearly 70%, said Deutsche Bank, the largest bank in Germany, in a weekly commodities report. According to the German bank, until the latter part of this week, gold had fallen with [...]
Read MoreHeat Up Your Savings on Hairdryers — Savings Experiment
Related Savings Experiments Trim Your Shampoo and Conditioner Budget — Savings Experiment There are many different kinds of hairdryers on the market, but how do you know which ones work best? Here, we break down the four main models, and show you how you can save dough when it comes to your ‘do. A standard [...]
Read MoreIt’s Time for the Gold Standard
Call for a return to the gold standard, and “the Washington establishment goes ballistic,” writes Herman Cain in the Wall Street Journal. “Gold is kryptonite to big-spending politicians,” because a return to the gold standard would mean the government could no longer manipulate the economy, Cain argues. In order to grow economically, the country needs [...]
Read MoreCellphone giant upbeat over trial
MTN has scored what it believes is an early victory in its fight to quash the $4.2-billion corruption lawsuit brought by rival Turkcell in a United States court. But Turkcell’s lawyers believe this is premature and are ready to do battle with the cellphone giant. MTN’s optimism follows a crucial deposition brought this week before [...]
Read MoreSupport and Resistance Levels for 11 May 2012
Daily Nifty & BankNifty Levels Nifty & BankNifty Future Trading Levels Trading as per the support and resistance levels may be quite useful for intraday and Positional trader in stocks and index. Resistance is termed as the level where the stock generally gets some Selling Pressure before it can go further up. A support is [...]
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