Global stocks again hit record highs and oil rose on Tuesday, before European and U.S. data that should this week offer major clues on the health of the world economy.
Philippine food maker Monde Nissin Corp (MONDE.PS) is pinning its future on the fast-growing alternative meats business on the back of a 48.6 billion pesos ($1 billion) initial public offering (IPO), which marked the country’s largest-ever listing.
Oil prices rose on Tuesday, with Brent hitting $71 and trading at its highest since March, as expectations grew for increased fuel demand during the summer driving season in the United States, the world’s top oil consumer.
BP (BP.L) and Eni (ENI.MI) are in talks over the future of their oil and gas assets in Algeria as the two groups increase efforts to refocus their businesses to tackle falling margins, rising debt and climate pressures, three sources said.
By Matteo Lanzafame, Antonio Francesco Gravina Finance, globalization, technology and urbanization –
Egypt’s work to broker and secure a truce in the Gaza Strip this month has thrust it into the diplomatic spotlight, prompting top-level reengagement from Washington and overshadowing moves by several Arab states to normalise ties with Israel.
Futures for Canada’s main stock index rose on Friday as oil prices gained on optimism of a demand recovery, overshadowing concerns about more supply from Iran once sanctions are lifted.
BITCOIN SLUMPS 8% AS IT HEADS FOR BRUISING MONTHLY DROP
A Dutch court’s decision to force Royal Dutch Shell (RDSa.L) to make deeper, faster cuts to its climate warming emissions on the basis of human rights could set a precedent, especially in European countries, according to lawyers and activists.
This year China’s government has been gradually ramping up scrutiny of its sprawling oil industry, reinforcing its authority with new taxes on refined products while investigating crude imports by state energy giants and independent refiners.
Global stocks again hit record highs and oil rose on Tuesday, before European and U.S. data that should this week offer major clues on the health of the world economy.
Philippine food maker Monde Nissin Corp (MONDE.PS) is pinning its future on the fast-growing alternative meats business on the back of a 48.6 billion pesos ($1 billion) initial public offering (IPO), which marked the country’s largest-ever listing.
Oil prices rose on Tuesday, with Brent hitting $71 and trading at its highest since March, as expectations grew for increased fuel demand during the summer driving season in the United States, the world’s top oil consumer.
BP (BP.L) and Eni (ENI.MI) are in talks over the future of their oil and gas assets in Algeria as the two groups increase efforts to refocus their businesses to tackle falling margins, rising debt and climate pressures, three sources said.
By Matteo Lanzafame, Antonio Francesco Gravina Finance, globalization, technology and urbanization –
Egypt’s work to broker and secure a truce in the Gaza Strip this month has thrust it into the diplomatic spotlight, prompting top-level reengagement from Washington and overshadowing moves by several Arab states to normalise ties with Israel.
Futures for Canada’s main stock index rose on Friday as oil prices gained on optimism of a demand recovery, overshadowing concerns about more supply from Iran once sanctions are lifted.
BITCOIN SLUMPS 8% AS IT HEADS FOR BRUISING MONTHLY DROP
A Dutch court’s decision to force Royal Dutch Shell (RDSa.L) to make deeper, faster cuts to its climate warming emissions on the basis of human rights could set a precedent, especially in European countries, according to lawyers and activists.
This year China’s government has been gradually ramping up scrutiny of its sprawling oil industry, reinforcing its authority with new taxes on refined products while investigating crude imports by state energy giants and independent refiners.
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