Premiums Commanded by Dirty Crude Are Surprising Oil Traders
Asian and European oil buyers are having to pay hefty prices for lower-quality, dirtier crudes as sanctions on
2023-05-10 19:57
Wall Street is strangely calm about the debt ceiling. That could all change this month
Dire warnings about the economic chaos and catastrophe that will ensue if the US debt ceiling isn't lifted soon abound. Still, markets remain rather sanguine about the Washington drama.
2023-05-10 19:56
First Citizens Deposits Beat Estimates in Wake of SVB Deal
First Citizens BancShares Inc.’s deposits surpassed estimates following its rescue deal for Silicon Valley Bank after a run
2023-05-10 19:55
Trulieve Cannabis posts lower first-quarter revenue
Trulieve Cannabis Corp reported a 9% fall in first-quarter revenue on Wednesday, hurt by subdued demand for pot
2023-05-10 19:28
Egypt Cuts Subsidized Food Allocations to Battle Economic Crisis
Egypt is reducing the amount millions of people can claim under a subsidized food program, part of an
2023-05-10 18:23
Ukraine Latest: Kyiv Well Supplied for Counteroffensive, US Says
Ukrainian forces have the weapons, the training and the “right plans” ahead of an expected counteroffensive, US Secretary
2023-05-10 17:55
VW Annual Meeting Hit by Protests Over Climate Strategy, China
Volkswagen AG shareholders gathering in Berlin contended with climate protesters blocking access to the venue after gluing themselves
2023-05-10 17:52
Taiwan’s Banks Cut China Exposure to Record Low as Tensions Rise
Taiwanese banks have slashed their exposure to China to the lowest level in at least a decade as
2023-05-10 17:48
Eskom Head in China as South Africa Grapples With Acute Outages
Eskom Holdings SOC Ltd.’s acting chief executive officer traveled to China, as the South African state-owned utility implements
2023-05-10 17:48
Rivian Reports Better-Than-Expected Loss, Affirms EV Output Plan
Rivian Automotive Inc. reported a narrower-than-expected loss to start the year and reaffirmed its annual production plans as
2023-05-10 17:27
Aramco Weighs LNG Exports as Hydrogen Talks Prove Tough
Saudi Aramco is weighing exports of liquefied natural gas instead of blue hydrogen, as talks with potential buyers
2023-05-10 17:23
Airbnb Slides as Muted Outlook Shows Cracks in Travel Demand
Airbnb Inc. shares tumbled after the vacation home-rental company gave a cautious forecast for revenue in the second
2023-05-10 16:50