Tag Archives: OGZPY
This is why Petrobras and Gazprom have been investor black holes
Petrobras (PBR, quote) announced that the company is boosting cashflow-negative and loss-leading gasoline imports at their fastest pace ever in attempt to hold down prices for alternative fuels, while trying to block investment in alternatives, or at least make investments in these kinds of products– namely, ethanol — unattractive.
And the riskiest companies in emerging markets are…
The most controversial companies in the emerging markets of Brazil, Russia, India and China are revealed in a report this week from consultancy RepRisk, which bills itself as a leading provider of business intelligence on environmental, social and governance (ESG) risks.
Gazprom embraces Europe a little more closely
Russia’s state-owned natural gas giant Gazprom (OGZPY, quote) will take over natural gas trading and storage businesses it jointly owns with the world’s largest chemical company, Germany’s BASF (BASFY, quote), as part of an asset swap meant to avoid further winter supply disruptions to Europe that have occurred in recent years.
A unique “core” emerging markets ETF launches
EG Shares launched a new emerging markets ETF last week, the Emerging Markets Core ETF (EMCR, quote).
