Following two consecutive hikes that raised the benchmark to 2.25 percent, economists expect at least two more by end-year, according to a Bloomberg survey. Price growth is seen peaking at around 5 percent and returning to the 1.5 percent to 3.5 percent target band by then. “Inflation will remain
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14 report from Bloomberg New Energy Finance. But in terms of environmental benefits, it's a wash, said Hussey. The reduced emissions from phasing out coal power are “almost exactly the same” as the increases he expects to see from increased oil production. Alberta's strategy strikes a “pragmatic”
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Remington Outdoor Co., the 200-year-old maker of rifles, handguns and bullets controlled by Cerberus Capital Management, filed for bankruptcy, after the election of a “true friend” to the White House ironically wound up stifling sales. The chapter 11 filing in Delaware bankruptcy court lists estimated
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Europe's $38 billion a year carbon market is finally starting to work the way it was intended, reining in pollution with a minimum of squealing from industry. Thirteen years after it was created to limit carbon-dioxide emissions, prices for the allowances are rising. European Union policymakers have
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Bank of America logo Douglas Lane & Associates LLC raised its holdings in Bank of America Corp (NYSE:BAC) by 55.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission.
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