Toyota's hydrogen-powered car wants to be the alternative to plug-ins, but there's one major drawback

The 2016 Toyota Mirai.

Right now, if you want an alternative-fuel vehicle, you have to pick from offerings that either require gasoline or an electrical outlet. The gas-electric hybrid and the battery-powered car — your Toyota Priuses, Chevy Volts, and Teslas — are staples in this space. There are drawbacks for drivers of both types.

Oil firms count losses as militants worsen woes

Chevron and Eni, two of the global oil majors operating in Nigeria, and their local counterparts such as Seplat and Oando may have been worst hit by the production disruptions occasioned by militant attacks in the Niger Delta, their financial results have shown.

Chevron Corporation, the second largest United States-based oil producer, lost $1.47bn in the second quarter of this year, its largest since 2001, compared with a net profit of $571m in the same period of 2015.

How to earn more from fixed deposits

If you have some money in the bank and you have no plans to spend it now, you can transfer it to a fixed deposit account to boost your savings.

Fixed Deposit accounts are a type of savings account that functions on a fixed interest rate for a predetermined period. Once the account matures, the interest is then credited to you, the investor.

Shop for the highest rate from different banks: You have to shop for the highest rates among the banks. This is actually one of the reasons why some depositors have more than one bank.

Adidas sales climb on Euro 2016 boots

A year of high-profile sports sponsorship has so far paid off for Adidas, with sales at its core brand up 25 percent thanks to events including the Euro 2016 football tournament.

Higher sales of items branded with the Bavarian firm’s famous three stripes were “mostly due to two-digit increases in the important categories of running, football and training, as well as Adidas Originals and Adidas neo,” two fashion branches, the firm said in a statement.

Naira falls to N390/$1 on parallel market, rises on interbank

The naira crashed to N390 to the dollar on the parallel market wednesday, lower than the N382 to a dollar from the previous day.
A currency analyst, who preferred to remain anonymous, blamed the continuing slide of the nation’s currency on the parallel market to demand pressure.
According to him, demand for FX for most of the 41 items that had been excluded from the interbank market was still being met with dollars bought from the parallel market.

How to Start a Cooking Gas Retailing Company

Are you interested in doing business in the oil and gas industry? Do you need a sample cooking gas retail business plan template? Then below is an in-depth guide on how to start a cooking gas retailing business.

Cooking gas (natural gas) is a clear, odorless gas that is used for cooking as a cheaper alternative to electric energy. It is also a clean alternative to coal-based electricity and kerosene-fueled cooking. This explains why it is now the most preferred cooking fuel by homes and businesses.


 

19+ Oil and Gas Small Business ideas

What is the best business to start in the oil and gas sector? Are you interested in doing business in the petroleum sector but you don’t know how to go about it?

Do you want to join the league of oil and gas merchants but you don’t have the capital to pursue that dream? Then read on as I expose some business opportunities in the oil and gas sector you can start today with little or no money.

Nigeria’s oil firms face zero revenue, post losses

the revenue woes facing local oil companies following the sharp drop in global oil prices have been worsened by the recent upsurge in militant attacks in the Niger Delta, industry players have said.
They stated this at the 40th Nigeria Annual International Conference and Exhibition of the Society of Petroleum Engineers in Lagos.
The Managing Director, Seplat Petroleum Development Company Plc, Mr. Austin Avuru, said about 70 per cent of the nation’s production from the traditional terrain of onshore and shallow water had been locked in.

Fund Managers who outperformed in their sectors in recent period of volatility

On Investors Chronicle, Darius McDermott of FundCalibre suggests looking at fund managers with a proven track record of strong performance in volatile times such as 2008/09 and also earlier this year.

Having crunched the numbers to identify those managers who outperformed in their sectors in both those recent periods of volatility, he came up with a shortlist of robust defensive suggestions across a wide range of sectors.

25 Years of the World Wide Web: What Surprised, Charmed and Changed Us

The internet has its share of milestones. Some trace its birthday to the first message sent from one computer to another in 1969 as researchers developed ARPANET, what would become the Internet. Some call that the web’s “first breath.”

Founders of AOL, Twitter and More Share the Best and Worst Moments in Internet History

On Aug. 6, 1991, the World Wide Web became accessible to the public. To celebrate the 25th birthday of this world-changing event, we asked founders of some of the first dot-com companies and inventors of some of the most fundamental internet technologies to look back on their careers and share their contributions.

Pics: Justin Bieber rents a huge $10k a night mansion in Hawaii for his two-week vacation

Justin Bieber has rented an impressive ocean-side mansion for a planned two-week summer getaway. The singer is paying $10,000 a night to stay at the stunning Water Falling Estate on Hawaii. The spacious residence is worth approximately $7 million and covers 10,942 sq ft over three floors.