economy

Shell exits Philippine gas field in $460 mln deal

Royal Dutch Shell (RDSa.L) has agreed to sell its stake in a offshore gas field in the Philippines for $460…

5 years ago

New global carbon exchange to launch in Singapore by year-end

Singapore bank DBS (DBSM.SI), Standard Chartered (STAN.L), Singapore Exchange (SGXL.SI), and state investor Temasek Holdings said on Thursday they are…

5 years ago

EU lawmakers give final approval to bloc’s green transition fund

The European Parliament on Tuesday formally approved the European Union's multi-billion euro fund to support countries as they wind down…

5 years ago

No pain, no gain for big funds hunting the next Tesla

Place your bets! The race to find the next Tesla (TSLA.O) is on but the search is turning up plenty…

5 years ago

Stocks slip, crypto haemorrhage deepens amid inflation worries

Global stocks slipped and cryptocurrencies sank on Wednesday as a threat of unwanted inflation had investors shy away from assets…

5 years ago

Julius Baer confirms targets as AuM grow 8% through April

Julius Baer (BAER.S) said it was on track to deliver on financial targets as the Swiss wealth manager posted an…

5 years ago

Burry of ‘Big Short’ fame reveals large bearish bet against Tesla

The family office run by “Big Short” investor Michael Burry has disclosed a large bearish bet via options on Tesla…

5 years ago

London’s ‘Golden Age’ as Europe’s financial capital is over, says NatWest chair

The City of London's 'Golden Age' as Europe's financial capital is over following Brexit, but it will remain a major…

5 years ago

China bans financial, payment institutions from cryptocurrency business

China has banned financial institutions and payment companies from providing services related to cryptocurrency transactions, and warned investors against speculative…

5 years ago

Biden pitches $174 bln EV plan in Michigan, takes truck for a spin

President Joe Biden made the case on Tuesday for his $174 billion electric-vehicle proposal, urging automakers not to build zero-emission…

5 years ago