• Loading stock data...

Economy

EXCLUSIVE Delta Air makes $350 million gamble as it lobbies Biden on fuel credits

World Economic Magazine May 27, 2021

Delta Air Lines Inc (DAL.N) has stopped buying the credits its oil refining arm needs to comply with U.S. biofuel laws, leaving it with a $346 million liability at the end of the first quarter, as it tries to persuade the White House to ease its obligations, according to previously unreported financial filings and sources familiar with the matter.

U.S. SEC considering new rules to tackle SPACS, crypto tokens

World Economic Magazine May 27, 2021

The U.S. Securities and Exchange Commission (SEC) is considering new rules to protect investors amid a surge in the use of special purpose acquisition companies (SPACS) as capital-raising vehicles, its new chair will tell lawmakers.

GameStop, AMC extend rallies, gouging short sellers

World Economic Magazine May 27, 2021

Shares of GameStop (GME.N) and cinema operator AMC Entertainment (AMC.N) rallied to their highest levels in months on Wednesday, with some market-watchers saying the recent surge was forcing bearish investors to unwind their bets against the video game retailer.

Nikkei to reach 30-year high on economic reopenings

World Economic Magazine May 27, 2021

Japanese shares are expected to recover and reach a 30-year peak by the end of year as an acceleration of vaccinations after initial delays helps the economy to reopen, according to respondents in a Reuters poll.

EXCLUSIVE Delta Air makes $350 million gamble as it lobbies Biden on fuel credits

World Economic Magazine May 27, 2021

Delta Air Lines Inc (DAL.N) has stopped buying the credits its oil refining arm needs to comply with U.S. biofuel laws, leaving it with a $346 million liability at the end of the first quarter, as it tries to persuade the White House to ease its obligations, according to previously unreported financial filings and sources familiar with the matter.

U.S. SEC considering new rules to tackle SPACS, crypto tokens

World Economic Magazine May 27, 2021

The U.S. Securities and Exchange Commission (SEC) is considering new rules to protect investors amid a surge in the use of special purpose acquisition companies (SPACS) as capital-raising vehicles, its new chair will tell lawmakers.

GameStop, AMC extend rallies, gouging short sellers

World Economic Magazine May 27, 2021

Shares of GameStop (GME.N) and cinema operator AMC Entertainment (AMC.N) rallied to their highest levels in months on Wednesday, with some market-watchers saying the recent surge was forcing bearish investors to unwind their bets against the video game retailer.

Nikkei to reach 30-year high on economic reopenings

World Economic Magazine May 27, 2021

Japanese shares are expected to recover and reach a 30-year peak by the end of year as an acceleration of vaccinations after initial delays helps the economy to reopen, according to respondents in a Reuters poll.

Nominate Now
Categories

© | All rights reserved.