Sipping samples of Louis Jadot’s superb 2010 Burgundies downstairs at New York’s Bar Boulud, I breathe a sigh of relief. It looks like I can still afford to buy a few of the region’s seductive bottles at reasonable prices.
BP Plc rose for a fourth day, the longest winning streak since the Gulf of Mexico spill started, as it came closer to stopping the leak and after Chief Executive Officer Tony Hayward met with Abu Dhabi’s crown prince.
As demand for mobile phones in developing countries explodes, telecom operators are investing hundreds of millions of dollars in infrastructure at a rapid pace. The number of base stations, which anchor towers and house equipment, will reach nearly 2.2 million in 2012, about double since 2007, according to GSMA, a mobile operators trade group in London. Each station requires a backup power source to keep network service going in case of a power outage.