Energy Transfer Partners reported profit of 49 cents a year ago, but the consensus estimate calls for earnings per share of 44 cents this time around.

FORBES: Earnings Preview: Energy Transfer Partners LP

Hoechst, which gave the American patent in 1994 to a non-profit organisation, will now transfer the worldwide rights outside America to a one-product company, making it immune from boycotts.

ECONOMIST: Top dollar

If a realistic proposal for a water transfer scheme in Wales was put forward, as a not for profit company Welsh Water would be best placed to take the lead in its consideration.

BBC: Highly politicised liquid assets

Later, they can sell their memberships for a profit, with the club usually getting a cut of the proceeds in the form of a so-called transfer fee.

WSJ: Vietnamese Investors Sink Savings Into Golf Memberships