Tag: InvestAdvocate

Equatorial Guinea Awards EPC Contract for New Petrochemicals Complex

February 10, 2016/APO – Riaba Fertilizers Ltd. awards EPC contract for Riaba petrochemicals complex to Chinese consortium ECEC. – Pre-FEED has been completed, ground-breaking ceremony expected by late March. Complex will comprise ammonia and urea plant. – The Riaba petrochemicals complex will elevate Equatorial Guinea’s position as a premier regional […]

Wall St. up as Yellen revives rate hike hopes

Wed Feb 10, 2016/Reuters By Abhiram Nandakumar U.S. stocks gained on Wednesday after Federal Reserve Chair Janet Yellen said conditions in the United States would allow for “gradual” rate hikes, and as technology stocks rebounded. However, Yellen acknowledged that the weakness in the global economy could knock the U.S. economy […]