Elliott takes $1 billion stake in US oil refiner Phillips 66, urges board revamp
By Svea Herbst-Bayliss (Reuters) -Elliott Investment Management has taken a $1 billion stake in Phillips 66 and is urging the
2023-11-29 23:16
Barcelona may need water shipped in during a record drought in northeast Spain, authorities say
Tighter water restrictions for drought-stricken northeast Spain have gone in effect as authorities in Catalonia say that Barcelona may need to have fresh water shipped in by boat in the coming months
2023-11-29 22:57
Dubai Taxi Gets $41 Billion in Orders for $315 Million IPO
Dubai Taxi Co. received over 150 billion dirhams ($41 billion) in investor orders for its $315 million initial
2023-11-29 22:56
Digital bank robberies key risk for central bank e-money, BIS report warns
By Marc Jones LONDON Digital bank robberies and other cyber hacks will be a key risk for countries
2023-11-29 22:52
Poland’s Top Refiner Orlen Plunges on New Windfall Tax Plan
Poland’s largest listed company Orlen SA tumbled the most in nearly two years on plans to force the
2023-11-29 22:26
Sri Lanka says it struck a deal with creditors on debt restructuring to clear way for IMF funds
Sri Lanka says it has reached an agreement in principle with a group of creditors including India and Japan on debt restructuring
2023-11-29 22:24
Elliott Has $1 Billion Phillips 66 Stake, Seeks Board Seats
Activist investor Elliott Investment Management has built a $1 billion stake in Phillips 66 and plans to push
2023-11-29 22:19
Indonesia central bank calls for policy coordination amid persistent global risks
JAKARTA Indonesia's central bank governor Perry Warjiyo on Wednesday called for better coordination between domestic fiscal and monetary
2023-11-29 22:16
US Economy Grew 5.2% in Third Quarter, More Than First Estimated
The US economy grew at an even faster pace in the third quarter than originally estimated, reflecting upward
2023-11-29 22:15
Biden targets GOP Rep. Boebert in her district in a fresh political attack on Republicans
President Joe Biden will try to turn congresswoman Lauren Boebert of Colorado into the embodiment of Republican opposition to his agenda as he visits her district
2023-11-29 21:56
US economic growth for last quarter is revised up to a 5.2% annual rate
Shrugging off higher interest rates, America’s consumers spent enough to help drive the economy to a brisk 5.2% annual pace from July through September, the government reported in an upgrade from its previous estimate
2023-11-29 21:55
Six months after Volkswagen exit, idle Russian car plant offers workers redundancy
By Gleb Stolyarov MOSCOW Furloughed workers at Volkswagen's former plant in Russia are being offered redundancy, according to
2023-11-29 21:50