Exclusive: Exxon launches U.S. shale gas sale to kick-start stalled divestitures
Exxon Mobil Corp (XOM.N) has begun marketing U.S. shale gas properties as it ramps up a long-stalled program that aims to raise billions of dollars to shed unwanted assets and reduce debt taken on last year.
Oil drops below $70 as U.S. urges OPEC+ to pump more
Oil fell below $70 a barrel on Wednesday as the United States urged OPEC and its oil-producing partners to boost output, saying current production was not enough and could threaten the global economic recovery.
Pfizer shares hit record high with COVID-19 vaccine stocks on a tear
Shares of Pfizer Inc (PFE.N) hit a record high on Tuesday for the first time in more than 20 years as shares of COVID-19 vaccine makers have surged amid rising coronavirus cases in the United States.
Deutsche Bank bolsters U.S. healthcare IB unit with new exec hires
Deutsche Bank AG (DBKGn.DE) has hired two new managing directors for its healthcare investment banking team in the United States, according to an internal memo seen by Reuters, as the bank looks to double down on healthcare dealmaking.
U.S. House bill would give tax credit for rare earth magnets
A Democrat in the U.S. House of Representatives introduced legislation on Tuesday extending tax credits to companies that domestically produce rare earth magnets, a sector currently dominated by China.
AMC gives up gains after quarterly results, film release deal
AMC Entertainment Holdings Inc (AMC.N) shares reversed course to trade down 5.7% on Tuesday a day after it posted better-than-expected quarterly results and a deal with Warner Bros for an exclusive movie release period for cinemas.
Dow, S&P 500 close at records as U.S. infrastructure bill clears Senate
Wall Street rose on Tuesday, with both the blue-chip Dow and benchmark S&P 500 closing at record highs, as economically sensitive value stocksgained with the U.S. Senate’s passage of a $1 trillion bipartisan infrastructure package.
eCom Scotland searches for an elusive milestone
Products from the digital learning and assessment specialist, eCom Scotland, are now being used in 190 countries around the world. So, the search is on to add, as eCom customers, those few countries where eCom’s eNetSuite of products are not in use.
Analysis: UN climate report increases urgency for green investment funds
Dire warnings about climate change are a call to action for investors who put their money into helping the environment. But the news also heightens a debate about how to make these strategies effective, financial executives said.
Pandemic spurs flight of top earners from debt-laden South Africa
Cape Town restaurateur Adrian Hochman watched over the years as friends packed up and emigrated, but rationalised that power cuts, the threat of crime and an uncertain future were simply part of doing business in South Africa.
