The post-revolutionary government of Armenia wants a price cut for consumers of natural gas supplied to the South Caucasus country by Russian energy giant Gazprom. Garegin Baghramyan, Armenia’s acting minister of energy and natural resources, told reporters on November 8 that “negotiations are being conducted toward the reduction” of prices, without providing details. Gazprom sells gas to its Armenia-based subsidiary at a price of $150 per thousand cubic meters of gas. The Armenian subsidiary, which owns Armenia’s gas-distribution network, then sells it to consumers in the country for about $284 per thousand cubic meters. Prime Minister Nikol Pashinyan reportedly discussed the price of gas that Moscow supplies to Armenia during his meeting with Russian President Vladimir Putin in Moscow in September. At that time, Putin asserted that Yerevan receives Russian natural gas “at the lowest prices Gazprom sells gas in the world — $150 per 1,000 cubic … [Read more...] about Armenia wants price cut for Russian gas
Netsuite pricing 2015
A new report on wool prices indicates a mixed outlook. The ASB commodities report says overall, coarse wool prices have fared much better over 2018 than in 2017. Opinion: The wool industry needs a revamp New Zealand wool to be tested on NASA spacecraft In the last 10 months, 37 and 39 micron wool prices have lifted 23 percent and 11 percent respectively, as compared to the same period in 2017. However ASB Rural Economist Nathan Penny said the outlook for coarse wool prices remains soft and prices remain low compared to historical averages. "Indeed, despite robust global growth, 39 micron wool prices remain stuck 21 percent below post 2015 averages," he said. Mid-micron wool prices have fared better. Prices have lifted over 2018 as healthy global growth has translated to higher demand for apparel. Prices for 29 micron wool have lifted 16 percent so far this year. "From here, we expect prices for all wool types to drift lower,while the global economy is slowing a touch, notably in … [Read more...] about Wool prices drifting lower, report
Peter Andre's wife has subtly made a dig at Katie Price, who is at 'rock bottom'. Emily MacDonagh, who met Peter after he fell ill at Plymouth Pavilions, has gushed about how "amazing" her married life is. She revealed that they are even planning a second honeymoon, reports The Mirror. "We have such an amazing relationship; we are happy so there’s a lot of harmony in our home," Emily gushed to OK! magazine . Emily, 29, was a medical student when she met the Mysterious Girl singer in 2010 through her father, who is also a doctor. Peter was set to perform at the Plymouth Pavilions, but was rushed to hospital suffering severe pains, caused by kidney stones. He was treated by Emily's father and Pete became close to the consultant urologist, and when he returned to perform in Plymouth, the doctor introduced him to his daughter. The couple tied the knot in Devon, at Mamhead House, near Dawlish, in 2015. Emily added: "When we got married, we did a brief trip to Santorini and that … [Read more...] about Peter Andre’s wife makes dig at ex Katie Price
Oil markets have been preparing for the sanctions for months. REUTERS Oil prices fell on Monday as the start to U.S. sanctions against Iran's fuel exports was softened by waivers that will allow major buyers to still import Iranian crude, at least temporarily. Front-month Brent crude futures LCOc1 were at $72.41 per barrel at 0348 GMT on Monday, down 42 cents, or 0.6 percent from their last close, Reuters said. U.S. West Texas Intermediate (WTI) crude futures CLc1 were down 35 cents, or 0.6 percent, at $62.79 a barrel. Both Brent and WTI have lost more than 15 percent in value since early October, in part as hedge funds have cut their bullish wagers on crude to a one-year low, data showed on Friday. Washington re-introduced sanctions against Iran on Monday, restoring measures lifted under a 2015 nuclear deal negotiated by the administration of President Barack Obama, and adding 300 new designations including Iran's oil, shipping, insurance and banking sectors. Read also U.S. to … [Read more...] about Reuters: Oil prices fall as U.S. grants Iran sanction waivers to major importers
APPLE became the first company in the world to be valued at $1trillion on August 3, but poor holiday sales figures has seen it slump back below that mark. When the computing company shares were launched in December 1980 they were worth just 51 cents each - but now shares in the company can mean major wealth. Here's what you need to know about one of the world's most successful companies... How much is Apple worth and what is its share price? The US tech giant became the first public company valued at $1trillion (£767bn) on August 2, but poor holiday sales figures has seen the value dip by as much as seven per cent - wiping $70billion off the company's market price. Apple had beaten its nearest rival internet retailer Amazon to the accolade. Fast forward three months and CEO Tim Cook admitted "weakness" as he unveiled plans to stop reporting the sales for iPhones, iPads, and Macs. Sales of all three of the company's flagship products failed to show significant growth. Shares … [Read more...] about What is Apple’s share price, when did it fall below $1trillion and what is CEO Tim Cook’s net worth?