Articles By Mike Obel

Copper mining in Chile's Esperanza mine near Calama town

From Global Markets 9:49 am

Greece Fears Drive Down Global Industrial Commodities Prices

Commodities prices fell Wednesday as investors, preparing for the fallout from an expected Greek exit from the euro zone, abandoned industrial and precious metals for the safety of German and U.S. government debt.

From Politics & Policy 9:03 am

Global Markets Signal Imminent Greek Departure From Euro Zone

Signs that a Greek departure from the euro zone has become inevitable proliferated worldwide Wednesday with Hong Kong's main stock index plunging more than 3 percent, bank runs in Athens and Britain's central bank finalizing contingency plans for a euro zone breakup.

From Politics & Policy May 14

Greek Coalition Talks, As Yet Unsuccessful, Near End

The president of Greece late Monday summoned the heads of leading political parties in an apparently last-chance bid to cobble together a coalition government and avoid national elections in June.

From Global Markets May 14

European Stocks Plunge On Expectations Greece To Leave Euro Zone

European stocks plunged Monday as fears that Greece will leave the euro zone turned into a virtual consensus about the debt-choked nation's departure. The downdraft also hammered U.S. stocks, which opened sharply lower.

May 10

P&G Moves Leaders of Skin Care, Cosmetics, Personal Care Unit To Singapore

The Procter & Gamble Company (NYSE: PG), which makes CoverGirl makeup, Olay products and Secret deodorant, will transfer the leaders of its global skin care, cosmetics and personal care unit to Singapore from Cincinnati, Ohio, the company said Thursday.

From Politics & Policy May 08

US, European Stocks And Commodities Plunging On Greek Uncertainty

U.S. and European stocks as well as commodities fell hard Tuesday on worries about the effect of a possible Greek departure from the euro zone.

Francois Hollande, Socialist Party candidate for the 2012 French presidential election

From Global Markets May 04

Euro Stocks Drop On Prospect Of Socialist Leading France

European stocks plunged Friday on fears a victory by the Socialist candidate in France's presidential election could upend prospects of setting the continent's second-largest economy on a sound footing.

From Gold May 02

Barrick Gold's 1Q Up 8%, Dividend Increased

Barrick Gold Corp., the world's largest gold mining company, said Wednesday its first-quarter profit rose 3 percent as a big jump in sales and a higher selling price offset rising costs and slightly less gold production.

From Companies Apr 30

Coca-Cola In Talks To Buy $11.6B Monster Beverage

The Coca-Cola Co. (NYSE: KO) is in talks to buy energy drink maker Monster Beverage Corp. (Nasdaq: MNST), an $11.6 billion company whose shares rocketed more than 20 percent Monday, in what would be Coca-Cola's largest acquisition, the Wall Street Journal reported.

The euro zone has entered a technical recession in the first quarter of 2012, according to Eurocoin

From Economy Apr 30

European Economic, Financial Data Grow Threatening

Europe's chronic financial and economic troubles threaten to reach a critical level in May as warning signals emerge from the continent's core and its southern periphery.