Saudis and Russia Extend Oil Supply Cuts to Prop Up Market
Saudi Arabia will prolong its unilateral oil production cut by one month, keeping a lid on supply amid
2023-07-04 00:50
Curb use of dollar Libor alternatives to Fed rate, says watchdog
By Huw Jones LONDON The use of four dollar-denominated alternatives to the now scrapped Libor interest rate need
2023-07-04 00:29
China hits back in the chip war, imposing export curbs on crucial raw materials
Beijing will impose export controls on two rare elements essential for manufacturing semiconductors, in apparent retaliation after the United States and Europe restricted chip exports to China.
2023-07-04 00:20
Senate committee to hear from two PGA tour officials about merger with Saudi-backed LIV
WASHINGTON Two officials from the PGA Tour have agreed to testify on July 11 about its merger with
2023-07-03 23:23
Don't assume rates and inflation will settle back down - BoE's Greene
LONDON Megan Greene, who is due to join the Bank of England's Monetary Policy Committee this week, said
2023-07-03 21:59
Blackstone REIT says redemption requests declined in June
Blackstone Real Estate Income Trust (BREIT) said on Monday that redemption requests declined in June after months of
2023-07-03 21:56
For these Americans, the recession is already here
Wall Street bankers, investors and economists have for months waffled over whether a US recession is coming. But for some Americans, the unforgiving economic pain typical during recession has already set in.
2023-07-03 21:45
Glencore proposes to buy remaining stake of PolyMet
Glencore Plc said on Monday it had proposed to buy the remaining stake in copper miner PolyMet Mining
2023-07-03 20:55
Yen weakens on intervention threat; slowdown fears weigh on euro
By Joice Alves LONDON The yen fell on Monday to near eight-month lows against the dollar as investors
2023-07-03 20:18
The credit crunch is getting worse and bankruptcies are on the rise
The strength and resiliency of the US economy during the first half of the year defied the expectations of economists who largely expected the country to fall into recession.
2023-07-03 19:55
States have been on a tax-cutting spree, but revenues are now weakening
Fueled by surging revenues, states have been slashing taxes for individuals and businesses for the past three years.
2023-07-03 19:28
Singapore Ministers Defend Colonial House Rents After Outcry
The two Singapore cabinet ministers at the center of a rental probe over sprawling state-owned houses took to
2023-07-03 18:58