Friday, February 26, 2021
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S&P 500, Nasdaq set to bounce back after rout

Futures tracking the S&P 500 were subdued on Friday following a sharp pullback on Wall Street as tech-related stocks rebounded but sentiment remained fragile, with U.S. bond yields at...

Asian markets roiled by global bond whiplash

Asian stocks fell by the most in nine months on Friday as a rout in global bond markets sent yields flying and spooked investors amid fears the heavy losses...

Oil hovers near 13-month highs as storm hits U.S. output, Fed assures rates staying...

Oil prices extended gains for a fourth session on Thursday to reach the highest levels in more than 13 months, underpinned by an assurance that U.S. interest rates will...

Bitcoin collector MicroStrategy fills its wallet with another $1 billion

Major bitcoin corporate backer MicroStrategy Inc said on Wednesday it bought another 19,452 bitcoin, worth around $1.03 billion, swelling its holdings of the cryptocurrency and sending the company’s shares...

Goldman Sachs-backed ReNew Power to go public in $8 billion U.S. blank-check deal

India’s largest renewable energy firm ReNew Power said on Wednesday it would go public through an $8 billion merger with a blank-check firm in the biggest deal in the...

Airlines, renewables companies push Biden to make air travel greener

U.S airlines and renewables companies are lobbying the Biden administration to back a big increase in subsidies for lower-carbon aviation fuel, arguing new incentives are needed to help fight...

Eni to grow green footprint in Spain after buying three solar plants

Italian energy group Eni has agreed to buy three solar power projects in Spain from renewable energy developer X–Elio as part of plans to expand its green business.

Ford to switch to all-electric car range in Europe by 2030

Ford Motor Co on Wednesday said its car lineup in Europe will be all-electric by 2030 as the U.S. automaker races to get ahead of CO2 emissions targets and...

Oil prices climb as deep freeze shuts U.S. oil wells, curbs refineries

Oil prices rose on Tuesday as a cold front shut wells and refineries in Texas, the biggest crude producing state in the United States, the world’s biggest oil producer.

Oil hits 13-month highs on concerns of Middle East tensions

Oil prices soared on Monday to their highest in about 13 months as fears of heightened tensions in the Middle East prompted fresh buying, while hopes that a U.S....