OPEC+ Curbs Spark 85% Rout in Oil Tanker Rates After Boom
Benchmark rates for oil-carrying supertankers have collapsed as OPEC+ follows through on a surprise vow to slash supply
2023-05-10 00:30
Novavax to Cut a Quarter of Global Workforce as Covid Eases
Novavax Inc. shares gained the most in two years after the Covid-19 vaccine maker announced a restructuring plan
2023-05-09 22:21
Biden, McCarthy to Meet Over Debt Drama as Markets Grow Anxious
President Joe Biden will sit down with House Speaker Kevin McCarthy for their first meeting in three months
2023-05-09 21:56
Imran Khan’s Arrest in Graft Probe Stokes Anger in Pakistan
Paramilitary troops arrested Pakistan’s former premier Imran Khan on the orders of the anti-corruption bureau, a development that
2023-05-09 21:51
PacWest Resumes Slide as Battered Regional Bank Stocks Fall
PacWest Bancorp shares fell on Tuesday, leading some peers lower in early trading as the hard-hit regional bank
2023-05-09 21:23
OCI Considers US, Middle East as Alternative Listing Venues
OCI NV is considering the Middle East and US as possible alternative listing venues, as the Dutch chemical
2023-05-09 21:20
Tempur Sealy to Buy Mattress Firm for About $4 Billion
Tempur Sealy International Inc. agreed to buy Mattress Firm from Steinhoff International Holdings NV in a cash-and-stock deal
2023-05-09 20:55
Chipmaker GlobalFoundries forecasts downbeat quarter, shares fall
GlobalFoundries Inc projected quarterly revenue below estimates on Tuesday as the chip manufacturer takes a hit from slumping
2023-05-09 20:49
Biden to meet with congressional leadership as threat of national debt default looms
President Joe Biden is set to meet with congressional leadership on Tuesday amid a stalemate in Washington to raise the debt ceiling and avoid a default that would have catastrophic economic consequences.
2023-05-09 20:19
Credit Suisse CEO Ulrich Körner to join UBS board
UBS Group said on Tuesday that Credit Suisse CEO Ulrich Körner will stay on after the takeover of its Swiss rival as part of a new leadership team of the combined group.
2023-05-09 19:59
Under Armour sees 2024 sales, profit below estimates as demand slows
Under Armour Inc forecast annual sales and profit below Wall Street expectations on Tuesday in a sign that
2023-05-09 19:23
Mark Zuckerberg wins gold and silver in his first Jiu-Jitsu tournament
Meta CEO Mark Zuckerberg won two medals in a Brazilian Jiu-Jitsu tournament held at a Silicon Valley high school Saturday, adding to the tech leader's vast array of extracurricular activities.
2023-05-09 19:19