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Recent Articles from David Reid

US companies are the biggest losers from sanctions, Iran’s energy minister says

CNBC.COM – The OPEC veteran says Washington’s policy for Iran is confusing. The OPEC veteran said the U.S. restrictions hadn’t prevented companies from other nations…

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Billabong shares rise by nearly 22 percent after surf retailer gets takeover bid

CNBC.COM – The board says it will take time to consider the offer. The Australian surf wear brand Billabong has revealed it’s weighing a takeover…

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Tesla-style electric passenger planes to be developed by Airbus, Rolls-Royce and Siemens

CNBC.COM – The E-Fan X program aims to have an engine in the air within 3 years. The E-Fan X program will see Rolls-Royce develop…

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Bombardiers C-Series plane takes flight with $1.1 billion order

CNBC.COM – The plane is currently the subject of a bitter trade dispute. Aerospace firm Bombardier has announced a deal to sell up to 24…

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A self-made billionaire is giving away his fortune to clean up the oceans

CNBC.COM – A hard-nosed businessman is to lose most of his $2.6 billion fortune by building a ship capable of cleaning pollution from the seas. A…

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