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KIRSTEN DONOVAN
Traders place $760 million bet on falling oil ahead of Hormuz announcementJust ahead of pivotal updates concerning the Strait of Hormuz and Iran, lucrative oil trades totaling millions were executed, raising eyebr...- Oil prices jump 7% to top $102/ bbl ahead of US blockade on IranOil prices jumped back above $100 a barrel on Monday as the U.S. Navy prepared to block ships to and from Iran via the Strait of Hormuz in ...
- Bain Capital raises $429 million with Axis Bank stake sale, source saysBain Capital has sold its Axis Bank stake at 1,071 rupees ($12.87) per share to raise $429 million, according to a source with direct knowl...
- Court orders Meta to cease using name in BrazilA Sao Paulo-court ordered Meta, the parent company of Facebook, to stop using its name in Brazil within 30 days. A local computer services ...
- India, South Africa block investment deal at WTO talksIndia and South Africa have blocked the adoption of the Investment Facilitation for Development Agreement at a World Trade Organization mee...
- Global regulators to assess if more crypto safeguards neededThe vulnerabilities are similar to those found in traditional finance, including leverage, liquidity mismatches, technology and operational...
- Adobe open to discussions with EU on Figma deal remedies, says chief counselPhotoshop maker Adobe expects to get an EU antitrust warning on its $20 billion bid for cloud-based designer platform Figma and is open to ...
- Oil set for third weekly decline as demand worries weighBrent crude futures for January were up 99 cents, or 1.2%, at $81 a barrel at 1451 GMT, while U.S. West Texas Intermediate (WTI) crude futu...
- Brent oil hovers above $80 after this week's downward spiralBrent crude futures were up $1, or about 1.3%, at $80.54 a barrel by 1445 GMT. U.S. West Texas Intermediate (WTI) crude futures rose $1.01,...
- Recruiter Randstad says companies still hesitant to hireRandstad, the world's largest staffing firm, reported a 17% decrease in its EBITA to 273 million euros in Q3, beating analysts' expectation...
- Asia's lack of biofuels demand hinders investments: ExxonBiofuels, touted as one of the low-carbon solutions to fuel airplanes and ships, are costly to produce with limited feedstock options.
- Oil up about 2% on big US crude storage draw, Middle East tensionOil prices rose by about 2% to a two-week high due to a larger-than-expected drawdown in US storage and escalating tensions in the Middle E...
- London's chewing gum artist reveals hidden world beneath people's feet through artArtist Ben Wilson is turning discarded chewing gum into miniature works of art on the Millennium Bridge in London. By painting on the gum, ...
- Brent prices to be well supported near $80/bbl, says Morgan StanleyMorgan Stanley raised its Brent price forecast for the third quarter to $85 per barrel from $75, and for the fourth quarter to $82.50 from ...
- Russia fines Reddit for first time over 'banned content,' RIA saysWikipedia is one of the few surviving independent sources of information in Russia since a state crackdown on online content intensified af...
- Dubai real estate sales surge 60% as investors, Russians snap up propertyDubai real estate sales surge 60% as investors, Russians snap up property
- India's proposed 5G auction prices are too high, says Telecom lobby COAIIndia's government is gearing up for its next-generation 5G airwaves auction later this year, which is expected to see participation from t...
- TSMC and Sony considering joint chip factory, Japan government to help -NikkeiTSMC has been concerned about the the concentration of chipmaking capability in Taiwan, which produces the majority of the world's most adv...
- Airbus CEO urges trade war ceasefire, easing of COVID travel bansWashington progressively imposed import duties of 15% on Airbus jets from 2019 after a prolonged dispute at the World Trade Organization, a...
- Pfizer delays January vaccine delivery to Bahrain: Health MinistryA January shipment of the Pfizer-BioNTech vaccine to the Gulf state of Bahrain will not arrive on time, the ministry of health said on Satu...
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