Oil Production Increases In October

Norwegian oil production has increased, with 2.02 million barrels of oil equivalent in October, of which 1.7 million barrels of crude oil, respectively 5.6 and 9%, compared to September, said Wednesday the Norwegian Petroleum Directorate (NPD). For gas, it takes 8% to 8.1 billion m3.

The country, the seventh largest exporter, has extracted more black gold, despite reduced production in six of its oil fields, note the NDP: Gjoa stopped its activity to achieve maintenance, Grane has faced problems compressor, while Njord, twists, and Visund Volve experienced technical problems. However, compared to October 2010, the production of oil and gas dropped by 10 and 12%.

Wholesale Inventories Up In September

Wholesale inventories rose 0.5% in September in the United States, after an increase of 1% in August, according to the Commerce Department. Economists generally provided a similar increase.

On an annual basis, wholesale inventories rose by 15%.

Wholesale sales emerged were down 0.1% after an increase symmetrically in August. Over one year, they increased by 11.9% in September.

The ratio of sales of stocks in September 2011 stood at 1.15, as against 1.15 and 1.18 the previous month a year earlier.

Bank Of Scotland And Technicolor

Royal Bank of Scotland Plc individual states have passed down on November 1, the thresholds of 5% of share capital and voting rights of Technicolor as a result of a sale of shares in the market.

To date, the subsidiary of RBS owned 8,294,677 shares of the French specialist in the digital image representing 82,946,770 voting rights, or 4.7% of share capital and voting rights.

It is specified in the notice available on the financial website of the AMF as the parent company Royal Bank of Scotland Group has crossed a threshold with no interest representing 5.9% of share capital and voting rights.

Royal Bank of Scotland Group also holds 6,790,601 1,079,706 bonds redeemable in shares expiring December 31, 2011 (NRS II) and 33,854,323 bonds redeemable in shares Technicolor 5,382,837 maturing December 31, 2011 (ORA IIC).