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Oil prices jump as Gulf of Mexico rigs evacuated

LONDON, Sept 04 (Reuters): Oil prices rose sharply on Tuesday after the evacuation of two Gulf of Mexico oil platforms in preparation for a hurricane.US light crude rose $1.31 a barrel from Friday's close to a peak of $71.11, its highest since mid-July, before easing to around $71.00, up $1.20,...

Ryanair launches flights to Ukraine

KIEV, Sept 04 (AFP): Irish low-cost airline Ryanair began flying to Ukraine on Monday, launching a new route between Kiev and Berlin that will operate four times a week.The Kiev-Berlin return flight became the first of 12 new routes Ryanair, Europe's busiest carrier, announced from the Ukrainian capital.The low coster...

Ruckus Networks joins Facebook's certified ecosystem

Ruckus Networks is joining Facebook's Express Wi-Fi Certified ecosystem, a programme that allows access point manufacturers to build Wi-Fi hardware compatible with Express Wi-Fi.The company announced this in a Media OutReach-forwarded statement on Tuesday. Operators participating in Facebook's Express Wi-Fi initiative will deploy the Ruckus virtual SmartZone™ controllers and certified...

Dollar steady on lingering trade, emerging market worries

TOKYO, Sept 04 (Reuters): The dollar firmed on Tuesday as investors bid up safe haven assets amid tensions around global trade and strains in emerging market currencies, while the Australian dollar pared losses after Australia's central bank kept interest rates on hold.Fears of a hit to global growth from US...

Noble Group averts an Iceberg collision

SINGAPORE, Sept 04 (Reuters): In May 2017, Paul Brough had just assumed the chairmanship of Noble Group and immediately faced a room full of angry bankers demanding their money back from the struggling commodity trader.Mustering all his 25-plus years of experience as a restructuring specialist, Brough needed their support to...

China set to boost LNG purchase for winter

LAUNCESTON (Australia) , Sept 04 (Reuters): China appears set to once again boost its purchases of liquefied natural gas (LNG) for the northern winter, but unlike last year's rush, this time the process is likely to be more organised and stable.In recent weeks there have been several indicators that China...