TOKYO - Given Japan's outsize public debt, holding an i.o.u. from its government might seem like a risky proposition that would require the promise of a substantial reward.
IEA predicts supply exceeding demand by 2 mb/d in Q1, 2016 and by 1.5 mb/d in Q2, 2016. With global economy slowing down, downward pressure on oil looks imminent.
The increase in the company's fiscal second quarter is tied to higher retransmission consent and ad revenue but would have been higher except for lower political and World Series money.
The Woodlands-based Waste Connections reported a loss in net income for the year, though its fourth quarter was in the black. The company lost $95.7 million in 2015, compared to a gain of $232.5 million in 2014.
European stocks fell for a seventh day, headed for the longest losing streak since October 2014, and U.S. equity-index futures pointed to further declines as measures of financial-market volatility rose.