DoST Secretary de la Peña, top professor and civil servantNaturally, the DoST is an agency that can only employ specialized individuals given its very technical yet complex functions and goals. De la Peña — a batch ’69 graduate of Chemical Engineering from the University of the Philippines in Diliman, Quezon City — for his part, has always been excited at the prospect of modernizing the nation within the realm of science and technology. Young, talented and energetic, he wasted no time in gaining work experience out of college and was immediately hired as Operations Engineer for oil company ESSO Philippines (now known as Petron) for two years. An avid learner, however, he felt unsettled in the corporate structure and with his own savings returned to school to pursue a Master’s Degree in Industrial Engineering. While studying, he proceeded to join the faculty of the UP College of Engineering in 1978, became research assistant at the university as well as … [Read more...] about DoST Secretary de la Peña, top professor and civil servant
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Sections SEARCH Skip to content Skip to site index Log In Subscribe Log In Today’s Paper DealBook | DealBook Briefing: Is It Time to Worry About Oil Again? Advertisement DealBook Supported by June 14, 2019 Good Friday morning. (Was this email forwarded to you? Sign up here .) Oil tanker explosions set the world on edge Attacks on two oil vessels in the Gulf of Oman yesterday have escalated fears that the Middle East’s oil supply could become constrained — especially after the U.S. accused Iran of orchestrating the assaults. Oil prices have remained higher since the assault. Secretary of State Mike Pompeo said that American intelligence agencies had decided that Iran was involved in explosions that crippled the two ships, noting the types of weapons used and expertise needed to pull off the attacks. Later, the U.S. military released video that it said showed Iranian forces’ involvement. … [Read more...] about DealBook Briefing: Is It Time to Worry About Oil Again?
Javier Blas and Dan Murtaugh, Bloomberg 4:27 am CDT, Monday, April 1, 2019 Mohammed bin Rashid Al Maktoum, the ruler of Dubai, center, tours the Saudi Aramco exhibition area during the Abu Dhabi International Petroleum Exhibition & Conference in Abu Dhabi, United Arab Emirates on Nov. 13.. OPECs secretary-general, energy ministers from Saudi Arabia to Russia, CEOs at oil majors from Total SA, BP Plc and Eni SpA, and officials from Middle Eastern energy giants such as Abu Dhabis Adnoc have gathered to sign deals and discuss oil, gas, refining and petrochemical issues. less Mohammed bin Rashid Al Maktoum, the ruler of Dubai, center, tours the Saudi Aramco exhibition area during the Abu Dhabi International Petroleum Exhibition & Conference in Abu Dhabi, United Arab Emirates on ... more Photo: Christopher Pike / Bloomberg … [Read more...] about Saudi Aramco was the world’s most profitable company in 2018
Henry Cisneros, the former U.S. Housing and Urban Development Secretary under President Bill Clinton, is helping fund America’s rapidly decaying infrastructure by teaming up with the nation’s most successful black investment bank. American Triple I Partners L.L.C., is the new infrastructure investment firm. Cisneros teamed up with principals from Siebert Cisneros Shank & Co .L.L.C (SCS), a top black-owned investment bank, to start up the venture. Cisneros is also a stakeholder in SCS. American Triple I plans to deploy private equity capital primarily in transportation; knowledge and information systems; and smart city projects. The newly-formed company will help drive private capital toward infrastructure projects, says Cisneros. These projects will primarily be in mid-sized cities in the middle of the country, as well as portions of larger projects in major urban areas on the coasts. He explained that the goal will be to fund projects … [Read more...] about Bill Clinton’s Former HUD Secretary and Black Investment Bank Plan to Save America’s Crumbling Infrastructure
By Austen Hufford WSJ Theo Francis WSJ Mon., Feb. 11, 2019 To gauge the scope of China’s economic slowdown, begin with forklifts. The factory workhorses are a barometer of the manufacturing sector’s fitness. Changes in demand can ease or worsen concerns about China. By that measure, EnerSys sees trouble. The Reading, Pa., maker of batteries that power forklifts said those sales in China fell in the latest quarter after rising 10% or more earlier in the year. “We’ve seen a slowdown,” said Michael Schmidtlein, EnerSys’s finance chief. “Given that forklifts are a good indicator of economic activity, their general economy has slowed, and maybe far greater than the authorities are indicating.” Article Continued Below Fourth-quarter results from U.S. companies highlight the many and varied ways that China’s cooling economy affects American business, and, in turn, offer a glimpse of what’s happening … [Read more...] about How Bad Is the China Slowdown? U.S. Companies Offer Some Answers