Finance

White House warns companies to step up cybersecurity

The White House warned corporate executives and business leaders on Thursday to step up security measures to protect against ransomware attacks after intrusions disrupted operations at a meatpacking company and a southeastern oil pipeline.

Engine No. 1 extends gains with a third seat on Exxon board

Exxon Mobil Corp (XOM.N) shareholders elected a third director nominated by hedge fund Engine No. 1 to the oil company’s board, the company said on Wednesday, extending the firm’s upset victory at one of America’s top energy corporations.

Long bets on yuan near six-month high; ringgit bears firm

Bullish bets on the Chinese yuan hit a near six-month high after a rally against the U.S. dollar, a Reuters poll showed on Thursday, while investors were long on most Asian currencies as nations ramped up their COVID-19 vaccination plans.

Oil steady after sharp rise on improved demand picture

Oil prices were little changed on Thursday after strong gains in the previous two sessions on expectations for surging fuel demand later this year while major producers maintain supply discipline.

Dollar on tenterhooks as payrolls test looms

The U.S. dollar was wavering above major support levels on Thursday, as traders awaited a batch of U.S. economic data that could set the tone at central bank meetings later this month.

White House warns companies to step up cybersecurity

The White House warned corporate executives and business leaders on Thursday to step up security measures to protect against ransomware attacks after intrusions disrupted operations at a meatpacking company and a southeastern oil pipeline.

Engine No. 1 extends gains with a third seat on Exxon board

Exxon Mobil Corp (XOM.N) shareholders elected a third director nominated by hedge fund Engine No. 1 to the oil company’s board, the company said on Wednesday, extending the firm’s upset victory at one of America’s top energy corporations.

Long bets on yuan near six-month high; ringgit bears firm

Bullish bets on the Chinese yuan hit a near six-month high after a rally against the U.S. dollar, a Reuters poll showed on Thursday, while investors were long on most Asian currencies as nations ramped up their COVID-19 vaccination plans.

Oil steady after sharp rise on improved demand picture

Oil prices were little changed on Thursday after strong gains in the previous two sessions on expectations for surging fuel demand later this year while major producers maintain supply discipline.

Dollar on tenterhooks as payrolls test looms

The U.S. dollar was wavering above major support levels on Thursday, as traders awaited a batch of U.S. economic data that could set the tone at central bank meetings later this month.

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