Essential oils internal use

A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here . You can listen to an audio version of the newsletter by clicking the same link. London (CNN Business) West Texas Intermediate crude, the reference point for US oil prices, usually trades at a discount of a few dollars to Brent crude, the global benchmark. But this morning, the near-term futures contracts for WTI and Brent are both roughly $115 per barrel — an indication of how the market has been scrambled by the pandemic and the war in Ukraine ahead of the busy summer driving season. "This is a significant development in my opinion," Jeffrey Halley, a senior market analyst at Oanda, told clients on Tuesday. Quick rewind: Oil prices have jumped over the past week. Both WTI and Brent are trading near two-month highs. The national average for regular gas in the United States hit a fresh record of $4.52 a gallon on … [Read more...] about American oil is usually a cheaper option. Not anymore

- A + A KUALA LUMPUR (May 17): Here is a brief look at some corporate announcements and news flow on Tuesday (May 17) involving Petronas Chemicals Group Bhd (PetChem), Dialog Group Bhd, Duopharma Biotech Bhd, Yong Tai Bhd, Caely Holdings Bhd, Dagang NeXchange Bhd (DNex), Reservoir Link Energy Bhd, Borneo Oil Bhd, Chin Hin Group Bhd and Sarawak Consolidated Industries Bhd (SCIB). Petronas Chemicals Group Bhd ( PetChem ) is acquiring the entire equity interest in leading specialty chemicals group Perstorp Holdings AB from Financière Forêt SARL for a base purchase of €1.538 billion (RM7.018 billion) cash. The acquisition marks the creation of a significant specialty chemicals portfolio, while enhancing its overall earnings, said PetChem, which together with its unit Petronas Chemicals International BV (PCIBV) has entered into a conditional securities purchase agreement with the seller for the proposed acquisition. Under the deal, PCIBV is required to pay a maximum … [Read more...] about PetChem, Dialog, Duopharma, Yong Tai, Caely, DNeX, Reservoir Link, Borneo Oil, Chin Hin and SCIB

- A + A KUALA LUMPUR (May 17): Borneo Oil Bhd is acquiring a 22.49% stake or 28.36 million shares in Sabah-based clinker and cement products manufacturer Makin Teguh Sdn Bhd (MTSB) for a purchase consideration of RM73.56 million. Borneo Oil said it on Tuesday (May 17) entered into a sale share agreement with MT 23 Resources Ltd to buy the stake in MTSB, according to its filing with the local bourse. MT 23 is the legal and beneficial owner of 28.78% of the equity in MTSB represented by 36.28 million shares of the issued and paid-up share capital of the company. According to Borneo Oil, the acquisition presents an opportunity for the group to move downstream its quarrying resources to further boost its profit. "There is synergy between the BOB Group's (Borneo Oil) existing limestone quarrying business operations and MTSB's clinker and cement plant," said the group. MTSB owns an integrated clinker and cement plant (ILPP) in Lahad Datu, Sabah, which is situated … [Read more...] about Borneo Oil to acquire 22.49% stake in Sabah-based clinker and cement products manufacturer for RM73.56m

New Delhi (CNN Business) A month ago, as Russia's war in Ukraine pushed the world to the brink of a food crisis, India's prime minister Narendra Modi offered to help countries facing shortages. "We already have enough food for our people but our farmers seem to have made arrangements to feed the world," Modi said in April. "We are ready to send the relief from tomorrow itself." The world's second biggest producer of wheat after China was already walking the talk. In the 12 months to March, India cashed in on soaring global prices, exporting a record 7 million metric tons of the grain. That was up more than 250% on the previous year's volumes. It had also set record export targets for the coming year. Now, those lofty goals have been abandoned and wheat exports banned as life-threatening heat waves in South Asia stunt output and push local prices to record highs. India bans wheat exports as heat wave hurts crop, … [Read more...] about India offered to help fix the global food crisis. Here’s why it backtracked

- A + A KUALA LUMPUR (May 17): Dialog Group Bhd posted a net profit of RM133.06 million for the third financial quarter ended March 31, 2022 (3QFY22), down 2.3% from RM136.17 million a year earlier, mainly caused by higher project cost. Earnings per share declined to 2.36 sen from 2.41 sen previously. Quarterly revenue, however, jumped 46.5% to RM593.43 million compared with RM405.18 million a year ago, contributed by increased business activities in both home and international operations, the oil and gas company's filing with the bourse on Tuesday (May 17) showed. The company also declared an interim cash dividend payment of 1.3 sen per share, to be paid on June 28, 2022. For the cumulative nine months ended March 31, 2022, Dialog's net profit slipped 3.7% year-on-year to RM389.76 million from RM404.6 million. Cumulative revenue, meanwhile, grew 51% to RM1.64 billion from RM1.09 billion. Dialog said the higher revenue reported by the Malaysian operations for … [Read more...] about Dialog posts lower profit for 3QFY22 despite revenue growth, declares 1.3 sen dividend

If you are planning to retire in the beautiful and tropical country of Thailand, there are many places which will suit your interests. From up north in Chiang Mai where the air is cooler (during winter), to a tropical oasis in the southern islands, Thailand has it all. Of course, with all things, you will need to get sorted before you come and we are right here to help. Things to think about How much money will I need to retire in Thailand? For example, a retired couple should be able to live quite comfortably on £1,600 (71,000 THB, 2,100 USD) a month, but of course, it depends on your lifestyle. While the cost of living is low in Thailand, it is still important to have a savings of at least £20,000 (890,000 THB, 26,500USD), probably more, depending if you’re getting anything paid to you from outside the kingdom. This can help in the event of unexpected expenses, such as health insurance premiums, purchasing a car, or home repairs. For those in the UK with pensions, … [Read more...] about Key info for those planning to retire in Thailand

Share to Twitter Share to Linkedin The stock market has taken investors on a wild ride over the past several months. It is during these volatile times that I experience a higher volume of calls from individuals who are concerned about their retirement assets and wondering what they should do. My most concerned callers are those who are getting ready to retire. With memories from the 2008 financial crisis and the volatile pandemic dip of 2020 still fresh in their minds and now inflation running rampant, many are asking, “What should I do if I retire in a bear market?” Here are three different strategies to consider that may allow you to still retire when you want to without the market fluctuations (or downturn) affecting your plans or causing you to run out of money sooner than you originally thought: Strategy #1: The Bucket Strategy How it works: To use some jargon, this is also called the time-based segmentation approach. With this strategy, you think … [Read more...] about What Should You Do If You Retire In A Bear Market?

Kevin Johnson is an Iraq War veteran and board director of the American Resilience Project and Environmental Defense Action Fund. Mark Ruffalo is an actor, environmental advocate and co-founder of We Stand United. Both are founding members of the Clean Energy Freedom campaign. The opinions expressed in this commentary are their own. As energy tensions continue to rise in Europe amidst the war in Ukraine, Americans are feeling the effect at home. Russia shut off natural gas supplies to Poland and Bulgaria last month, and the European Union recently proposed a ban on Russian oil imports. Meanwhile, just last week, the US Consumer Price Index showed that gas prices were up 44% (on an unadjusted basis) in the 12 months ended in April, and the national average is currently hovering around $4.52 a gallon. It's clear that Russian President Vladimir Putin is trying to weaponize Europe's dependence on his country's fossil fuels to deter support for Ukraine. This moment … [Read more...] about Opinion: How President Biden can win the energy war with Russia — and lower gas prices

- A + A KUALA LUMPUR (May 17): Petronas Chemicals Group Bhd (PetChem) is acquiring the entire equity interest in leading specialty chemicals group Perstorp Holding AB from Financière Forêt SARL for a base purchase of €1.538 billion (approximately RM7.018 billion) cash. The acquisition marks the creation of a significant specialty chemicals portfolio, while enhancing its overall earnings, said PetChem, which together with its wholly-owned unit Petronas Chemicals International BV (PCIBV), had entered into a conditional securities purchase agreement with the seller for the proposed acquisition. The Perstorp group currently derives more than 80% of its revenue from the 18 preferred chemical segments identified by PetChem, including surfactants, specialty polymers, specialty films, plastic additives, coatings, preservatives and biocides, and pre/pro biotics. Perstorp has also developed a number of solutions such as the game-changing production of sustainable methanol … [Read more...] about PetChem buys Swedish specialty chemicals group Perstorp for €1.5b

Wheat sacks are loaded onto a truck at the grain market in Punjab. Wheat jumped by the exchange limit after India’s move to restrict exports, exposing just how tight global supplies are after the war in Ukraine and threatening to drive up food prices even more. The government will suspend overseas sales to manage its food security, according to a notification dated May 13. This drew criticism from the agriculture ministers of the Group of Seven nations, who said that such measures make the world’s crisis worse. Benchmark futures rose as much as 5.9% to $12.47 1/2 a bushel in Chicago, the highest in two months. Prices have surged about 60% this year, increasing the cost of everything from bread to cakes and noodles. The surprising thing is that India isn’t even a prominent exporter on the world stage. The fact that it could have such a major impact underscores the bleak prospect for global wheat supplies. War has crippled Ukraine’s exports, and now droughts, floods and … [Read more...] about Wheat soars in risk to food inflation as India restricts exports