U.S. Gulf Coast energy firms face another hurricane hit
Evacuations were underway on Monday from offshore U.S. Gulf of Mexico oil platforms as onshore oil refiners began preparing for rain and heavy winds from a second hurricane in as many weeks.
Crypto CEOs should cooperate with regulators to unlock future growth -SALT panel
Cryptocurrency executives should work with regulators instead of being their adversary for the sector to grow to its potential, members of a digital currency panel at Wall Street’s SALT conference said on Monday.
EXCLUSIVE Buyout firm Apollo makes $4.3 billion offer to buy Tronox -sources
Private equity firm Apollo Global Management Inc (APO.N) has approached Tronox Holdings Plc (TROX.N), one of the world’s largest pigment manufacturers, with a $4.3 billion all-cash offer, people familiar with the matter said on Monday.
The one-month project implementation at Hijra Bank is now complete
September 9, 2021 – The newly formed interest-free Hijra Bank S.C. in Ethiopia has gone live successfully on iMAL Islamiccore banking platform on September 4th, 2021, only one month after signing with Path Solutions, the only AAOIFI-certified financial technology firm. Hijra Bank has benefited from accelerated project timelines which have massively reduced the cost of […]
Factbox: How the BOJ is quietly unwinding Kuroda’s ‘bazooka’ stimulus
After years of shock-and-awe monetary stimulus, senior Bank of Japan officials are quietly dismantling radical policies introduced by Governor Haruhiko Kuroda.
Epic ruling invites future efforts to paint Apple as monopolist -experts
A U.S. judge stopped short of labeling Apple Inc (AAPL.O) an “illegal monopolist” on Friday, but the closely-watched ruling provides a roadmap for similar claims against the iPhone maker in the future, legal experts said.
Following the COVID-19 vaccine exchange with Britain, Australia’s Prime Minister has called for a faster reopening!
Prime Minister Scott Morrison announced on Friday that Australia had already managed to secure 4 million doses of Pfizer COVID-19 vaccines in some kind of a swap agreement with the United Kingdom, as he tries to persuade states and territories to stick to a national COVID-19 reopening plan. According to Morrison, the additional doses are […]
U.S. Congress stuck between a rock and a hard place on raising debt limit
Democrats and Republicans will start what could become a monumental game of chicken this month over raising the limit on U.S. government borrowing, as Congress attempts to avert an historic debt default.
Marketmind: Transitory faith in transitory inflation
Say your economy is growing at about 5% annually, it just hit a 10-year inflation high of 3% read more amid labour shortages and enjoys negative yields on benchmark government bonds .
Shares lifted by prospect of lower rates for longer
Global shares posted their longest winning streak in three months on Monday, aided by the chance of low interest rates for longer in the United States and talk of more stimulus in Japan and China, while oil slid as the Saudis cut prices for Asian customers.
