As Maria das Gracas Silva Foster took over as chief executive officer at Petroleo Brasileiro SA, she couldn’t help giving a shout-out to two forces that have shaped her life.
Bill Gross , who runs the world’s biggest mutual fund at Pacific Investment Management Co., said investors should expect less growth globally as companies and governments cut spending, Barron’s reported.
The Bank of Japan’s December Tankan report today will show sentiment among large manufacturers dropped for the first time in seven quarters, according to economists surveyed by Bloomberg News.
BlackRock Inc.’s Daniel Rice , who beat 99.9 percent of U.S. stock-fund managers over the past decade, said an expanding global economy will probably push oil prices above $100 this year.
"That's a problem."
- Scott Black on May 31, 2012
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