Monday, May 20, 2024
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CDP-led group sticks with Autostrade price tag as it works on deal

A consortium led by Italian state lender CDP pledged on Wednesday to come up with a final offer to buy Atlantia’s 88% stake in a motorway business in 10...

DBS Bank Is Planning to Launch a Digital Asset Exchange

DBS, the Singapore-based bank and financial services corporation, is building a digital assets trading platform. According to a cached web page, apparently posted in error and then...

Santander signals worst may be over after strong third quarter

Santander SAN.MC rebounded strongly in the third quarter from a record second-quarter loss and the Spanish bank tentatively signalled that the worst of the crisis may be over as loan repayment...
The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, U.S.

Oil rises towards $41 on U.S. Gulf shutdowns, outlook weak

Oil rose on Tuesday towards $41 a barrel as oil companies shut down some U.S. Gulf of Mexico oil output due to a hurricane, although surging coronavirus infections and...

Vietnam PM urges Trump to take objective view in trade dispute

Vietnam’s prime minister said on Monday the country’s exchange rate policy was not aimed at helping its exports and asked that U.S. President Donald Trump have “a more objective...

Oil drops on rising virus cases, increasing Libyan output

Oil prices fell on Monday, extending last week’s losses, as increasing coronavirus cases in the United States and Europe raised worries about energy demand, while Libya’s fast growing production...

Oil holds near $42, heads for weekly loss as virus cases surge

Oil steadied near $42 a barrel on Friday, heading for its first weekly drop in three, as surging coronavirus cases in the United States and Europe raise concerns about...

Sterling on track for weekly gain as Brexit negotiations intensify

Sterling edged up in London trading on Friday, set for a weekly gain against the dollar and euro, as Britain and the European Union entered intense negotiations to reach...

Analysis: As popularity slides, Alberta’s Kenney has oil pipeline riding on U.S. vote

The premier of Canada’s oil-producing province Alberta is losing popularity as the pandemic deepens its economic woes, highlighting the big pipeline bet that Jason Kenney has riding on the...

OxyContin maker Purdue reaches plea deal in opioid probe: sources

Purdue Pharma LP has reached an agreement to plead guilty to criminal charges over handling of its addictive prescription opioid OxyContin, in a deal with U.S. prosecutors that effectively...