Poland Shale Boom Falters as State Targets Higher Taxes
Janek Skarzynski/AFP via Getty Images Polish farmers sow a field with wheat in front of a drilling rig exploring for shale gas in the eastern Polish village of Grzebowilk. Poland’s... Read more »
Investors Leave London for Property Yields: Real Estate
For most property investors, the U.K. is a country with one city. Private-equity firms, pension funds and millionaires from Russia to Qatar spent more on real estate in London than... Read more »
SocGen Joins UniCredit in Warsaw as Equity Sales Surge
Record stock sales and a growing economy are helping Poland solidify its position as central Europe’s busiest financial center, even as euro-area neighbors struggle to shake the sovereign-debt crisis. UniCredit... Read more »
Norden Bets on Ship Rally After Worst Market Since ’02: Freight
D/S Norden A/S (DNORD), Europe’s biggest owner of ships hauling iron ore and coal, is making its first bet in three years that rates for Panamax vessels will rally from... Read more »
Hollande Bonds Without AAA Shine Brighter Than Gold
Credit downgrades, recession and President Francois Hollande’s gaping budget shortfall have done little to prevent French bonds from outshining gold. Investors who bought French bonds when Standard & Poor’s stripped... Read more »
U.S. Bank Mergers Seen Less Likely With Sellers Holding Out
Bank managers in the U.S. are less likely to engage in mergers and acquisitions this year as regulators heighten scrutiny on potential deals and sellers wait for higher valuations, according... Read more »
California Neighborhood’s Water Contaminated: Desert Sun
The discovery of contaminated water in samples from a Southern California neighborhood prompted the Indio Water Authority to provide alternative supplies to more than 115 households, the Desert Sun said,... Read more »
German Eagle Flourishes as Farm Runoff Boosts Fish Stocks
The white-tailed eagle, Germany’s national emblem, has tripled to record levels since East joined West in 1990 as conservation programs nurtured their growth. Behind the population boom may be murkier... Read more »
Ethanol Futures Strengthen Against Gasoline on Low Supplies
Ethanol strengthened against gasoline amid record-low seasonal inventories and tumbling prices for the motor fuel. The spread, or price difference, narrowed 2.48 cents to 21.38 cents, as the most recent... Read more »