business

Oil near one-week high as prospect of Iran glut wanes

Oil prices slipped on Tuesday, but were near one-week highs after jumping more than 3% the previous session as investors…

5 years ago

Shell weighs shut Louisiana refinery’s future as Baton Rouge firm promotes bid

Royal Dutch Shell (RDSa.L) was still evaluating plans for an idled Louisiana oil refinery, the company said on Monday, after…

5 years ago

Cryptocurrencies bounce back from Sunday sell-off, bitcoin still down 30% in May

Bitcoin jumped more than 10% during a surge in cryptocurrencies Monday, regaining some ground lost during a weekend sell-off that…

5 years ago

LME plans to replace LMEselect with HKEX Orion trading platform

London Metal Exchange plans to replace its LMEselect trading system with its owner Hong Kong Exchanges and Clearing's Orion platform,…

5 years ago

As interest rates hit bottom, debt does matter, says Barclays

With global borrowing costs probably as low as they can go, high debt levels will start to matter more in…

5 years ago

After M&A boom via Zoom, dealmakers hit the road as COVID-19 subsides

Investment bankers' business of putting together mergers and acquisitions (M&A) has never been stronger. Neither has their fear of missing…

5 years ago

COVID-19 to speed up consolidation of aircraft leasing industry -SMBC

Consolidation of the aircraft leasing industry, which controls over 40% of the global passenger fleet, is likely to be accelerated…

5 years ago

U.S. Treasury deputy chief sees G7 backing for 15%-plus global minimum tax

U.S. Treasury Deputy Secretary Wally Adeyemo said he expects strong backing from G7 peers for Washington's proposed 15%-plus global minimum…

5 years ago

Asia shares track Wall Street up as inflation fears fade

Asian shares advanced on Tuesday, tracking a rally on Wall Street, while the dollar held near a fourth-month low as…

5 years ago

U.S. chip funding could result in seven to 10 new factories -officials

U.S. Commerce Secretary Gina Raimondo said on Monday a proposed $52 billion boost in U.S. government funding for semiconductor production…

5 years ago