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Latest The McCloskey Group Stories

2008-11-04 18:00:13

LONDON, Nov. 4 /PRNewswire/ -- TFS, part of the Tradition group of companies, has agreed to sell the trademark for the world renowned API coal Indices to Argus Media and The McCloskey Group, the publishers* that provide the data for the Indices' construction. The Indices, formerly known as the TFS API Indices, are used to price over 95% of the world's traded coal derivatives and up to half of all physical coal contracts for the Atlantic Basin. There are no changes as to how the API 2 and...


Word of the Day
tesla
  • The unit of magnetic flux density in the International System of Units, equal to the magnitude of the magnetic field vector necessary to produce a force of one newton on a charge of one coulomb moving perpendicular to the direction of the magnetic field vector with a velocity of one meter per second. It is equivalent to one weber per square meter.
This word is named for Nikola Tesla, the inventor, engineer, and futurist.