‘The world should be worried’: Saudi Aramco — the world’s largest oil producer — just issued a dire warning over ‘extremely low’ capacity. Here are 3 stocks for protection The global oil market remains tight according to Saudi Aramco, the largest oil producer in the world. And that does not bode well for a world that still relies heavily on fossil fuels. “Today there is spare capacity that is extremely low,” Saudi Aramco CEO Amin Nasser says at a conference in London. “If China… Source link
Read More »China no longer the ‘golden goose’ for movie studios: Hollywood producer
China has long been a major moneymaker for the movie industry — but as the country increases its censorship rules, could Hollywood’s complicated China relationship be coming to an end? “China was the golden goose that Hollywood looked to [in order] to really recoup some big investment dollars, and the huge capital it takes to make these big franchises,” Chris Fenton, movie producer and author of the book “Feeding the Dragon,” told Yahoo Finance Live in an interview last week (video… Source link
Read More »Music producer explains relationship with Bob Marley
On a recent episode of Influencers with Yahoo Finance’s Editor-in-Chief Andy Serwer, legendary record producer Chris Blackwell explained his reluctance to be photographed with Bob Marley and his band, the Wailers. “I didn’t want to be, you know, a kind of white management type guy who was hanging around claiming what they’ve helped happen or something like that, you know, because they did,” Blackwell told Yahoo Finance. “He didn’t need that. He had it all himself. He knew what he knew… Source link
Read More »Legendary music producer explains how he signed Bob Marley and U2
On a recent episode of Influencers with Yahoo Finance’s Editor-in-Chief, Andy Serwer, Chris Blackwell, the founder of Island Records explained how he signed some of the world’s most successful stars. “You have an instinct really, of how you feel basically what they are like, and you get a feel for them,” Blackwell told Yahoo Finance. Blackwell, who recently released a memoir called “The Islander: My Life in Music and Beyond,” grew up in Jamaica, where he developed a lifelong… Source link
Read More »Cannabis producer Tilray wins dismissal of shareholder lawsuit in New York
By Jonathan Stempel NEW YORK, Sept 27 (Reuters) – A U.S. judge on Monday dismissed a lawsuit accusing Tilray Inc , the world’s largest cannabis producer by sales, of fraudulently overstating the value of a marketing and revenue-sharing agreement with Authentic Brands Group Inc. U.S. District Judge Paul Crotty in Manhattan said shareholders failed to show that the Canadian company exhibited “conscious misbehavior or recklessness” in trumpeting the agreement, when it knew that regulatory… Source link
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