Archeological digs on the site of Bloomberg LP’s future London headquarters have revealed Roman building remains and some 10,000 well-preserved objects that have led the site to be dubbed the “Pompeii of the north.”
Stocks rose for a second day and industrial metals rallied as slower-than-forecast Chinese inflation eased pressure on policy makers to tighten credit. The yen rebounded after a three-day slump took it to the weakest level since 2009 while the dollar weakened versus most peers.
Too much valuable methane from natural gas is leaking into the atmosphere, hurting the bottom line as well as the climate. We know how to stop it. It’s cheap to do, and it can pay for itself. Natural gas production in the United States has been booming—and is expected to keep growing. Already, there are more than 500,000 wells and 300,000 miles of pipeline in place. In 2012, U.S. producers brought more than 25 trillion cubic feet of natural gas to market. And, by 2020, the United States is projected to be a net exporter of natural gas. Natural gas is here to stay. Its low price is spurring investment and jobs, and increasing energy security. But it’s important to get it right. Much of the growth is driven by hydraulic fracturing -- or “fracking” -- a process in which producers can drill more than one mile down and one mile across to access gas in rock formations. While shale gas has been an economic boon, the process can contaminate water supplies, cause air pollution, and have other disruptive impacts on t
Lonza Group AG is looking to portfolio adjustments alongside better cash generation, tighter capital expenditure controls and a global review of the Swiss drug-ingredient maker’s plants to whittle down $2.5 billion of debts over the next years, Finance Chief Toralf Haag said.
Turkish Airlines placed an order for 70 Boeing Co. 737 short-haul jetliners plus 25 options with a potential list price of $9.4 billion, less than a month after agreeing to purchase the rival A320 plane from Airbus SAS.
OAO Gazprom Chief Executive Officer Alexey Miller said trends so far this year bare out the biggest natural-gas producer’s prior forecast that exports will recover to 2011 levels amid colder-than-usual March weather in Europe.