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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
barratry
  • The offense of persistently instigating lawsuits, typically groundless ones.
  • An unlawful breach of duty on the part of a ship's master or crew resulting in injury to the ship's owner.
  • Sale or purchase of positions in church or state.
This word ultimately comes from the Old French word 'barater,' to cheat.
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