Iraq Raises Proven Oil Reserves 24%

Iraq raised its level of proven oil reserves by 24% in the first revision since Saddam Hussein was toppled from power.

The country has 143.1 billion barrels of known and extractible oil, compared with 115 billion barrels at the end of Saddam Hussein’s reign, BBC News reported

Sponsored Links

That means Iraq has more proven reserves than neighbor Iran.

In the final years of Hussein’s reign, UN…

Continue reading Iraq Raises Proven Oil Reserves 24%

Iraq Raises Proven Oil Reserves 24% originally appeared on DailyFinance on Mon, 04 Oct 2010 08:55:00.

Filed Under: , , ,

Toshiba Unveils No-Glasses 3-D TV

Toshiba (TOSBF) unveiled a new 3-D TV that viewers can watch without wearing special glasses.

The 3-D liquid crystal display TV uses a high-definition screen backlit with LEDs, a special sheet on the screen and chip technology to display information from nine images, The New York Times reported.

Sponsored Links

The TV can convert 2-D images into 3-D and will sell for prices as low as 120,000 yen…

Continue reading Toshiba Unveils No-Glasses 3-D TV

Toshiba Unveils No-Glasses 3-D TV originally appeared on DailyFinance on Mon, 04 Oct 2010 08:15:00.

Filed Under: , , , ,

Visa, MasterCard Close to Antitrust Settlement

Visa (V) and MasterCard (MA) are close to settling an antitrust case with the Justice Department over credit-card acceptance rules, The Wall Street Journal reported.

The settlement could allow merchants to steer customers towards cheaper forms of pay…