Sunday, May 9, 2021
Advertisement

World shares near record high, euro upbeat on Fed, earnings

World stocks held near a record high and the euro was on course for its best month in nine as strong U.S. data and corporate earnings plus the Federal...

Global EV sales accelerating, but government help needed – IEA

Global electric vehicle (EV) sales picked up speed in the first quarter, but more government action is needed on charging stations and fossil-fuel vehicle bans to keep the momentum...

Oil rises on optimistic demand outlook; uncertainties remain

Oil prices rose on Wednesday amid optimistic forecasts of global fuel demand recovery, while the rapid spread of COVID-19 infections in India and a bigger-than-expected build in U.S. crude...

Jitters hit stocks before Fed and earnings

Asian shares were little changed on Tuesday, as caution ahead of the U.S. Federal Reserve’s meeting and corporate earnings offset optimism about the global recovery from the COVID-19 pandemic.

Total declares force majeure on Mozambique LNG project

French energy group Total on Monday declared force majeure on its $20 billion Liquefied Natural Gas (LNG) project in Mozambique and withdrew all personnel from the site because of...

Asian shares shake off U.S. tax fears; cryptocurrencies slump

Asian shares advanced on Friday, lifted by rising Chinese blue-chips and a decision by the European Central Bank to maintain stimulus, while investors largely shrugged off the impact of...

Pope promises Lebanon visit, calls for end to political deadlock

Pope Francis promised Lebanon’s Prime Minister-designate Saad al-Hariri on Thursday that he would visit the country but only after political forces put aside differences for the good of the...

Factbox: Pandemic brings forward predictions for peak oil demand

The COVID-19 pandemic this year has dented oil consumption and brought forward forecasts by energy majors, producers and analysts for when the world’s demand for oil may peak.FILE PHOTO:...

Shell to trial use of hydrogen fuel cells for ships in Singapore

Royal Dutch Shell said on Wednesday it was conducting a feasibility study with partners to trial the use of hydrogen fuel cells for ships in Singapore, the first such...

Asian shares at highest since early March, weak dollar boosts commodities

Asian shares hit a six-and-a-half week top on Tuesday, shaking off an initial drag from tech-driven Wall Street losses, while the dollar stayed at multi-week lows against most other...