Tag: Goldman Sachs

World Bank Ups Its 2017 Oil Price Forecast To $55

Oil
The World Bank has just upped its oil price forecast for 2017, saying it now expects average prices to be US$55 a barrel over the next year. That’s US$2 more than its...

ABB to Divest Cable Business to NKT Cables

World
NKT Cables is acquiring ABB’s global high-voltage cable system business with a total enterprise value of 836 million euros (US$934 million). High voltage cables are key components in sustainable energy networks, used...

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