Elliott takes $1 billion stake in US oil refiner Phillips 66, urges board revamp
By Svea Herbst-Bayliss (Reuters) -Elliott Investment Management has taken a $1 billion stake in Phillips 66 and is urging the
2023-11-29 23:19
Digital bank robberies key risk for central bank e-money, BIS report warns
By Marc Jones LONDON Digital bank robberies and other cyber hacks will be a key risk for countries
2023-11-29 22:59
Dubai Taxi Gets $41 Billion in Orders for $315 Million IPO
Dubai Taxi Co. received over 150 billion dirhams ($41 billion) in investor orders for its $315 million initial
2023-11-29 22:55
Barcelona may need water shipped in during a record drought in northeast Spain, authorities say
Tighter water restrictions for drought-stricken northeast Spain have gone in effect as authorities in Catalonia say that Barcelona may need to have fresh water shipped in by boat in the coming months
2023-11-29 22:46
US Economy Grew 5.2% in Third Quarter, More Than First Estimated
The US economy grew at an even faster pace in the third quarter than originally estimated, reflecting upward
2023-11-29 22:29
Poland’s Top Refiner Orlen Plunges on New Windfall Tax Plan
Poland’s largest listed company Orlen SA tumbled the most in nearly two years on plans to force the
2023-11-29 22:29
Indonesia central bank calls for policy coordination amid persistent global risks
JAKARTA Indonesia's central bank governor Perry Warjiyo on Wednesday called for better coordination between domestic fiscal and monetary
2023-11-29 22:28
Elliott Has $1 Billion Phillips 66 Stake, Seeks Board Seats
Activist investor Elliott Investment Management has built a $1 billion stake in Phillips 66 and plans to push
2023-11-29 22:24
Sri Lanka says it struck a deal with creditors on debt restructuring to clear way for IMF funds
Sri Lanka says it has reached an agreement in principle with a group of creditors including India and Japan on debt restructuring
2023-11-29 22:18
Pakistan acquits ex-Premier Nawaz Sharif in a graft case. He's now closer to running in elections
A Pakistani court has acquitted former Prime Minister Nawaz Sharif in a graft case, removing a major obstacle for him to run in parliamentary elections in February
2023-11-29 21:56
US economic growth for last quarter is revised up to a 5.2% annual rate
Shrugging off higher interest rates, America’s consumers spent enough to help drive the economy to a brisk 5.2% annual pace from July through September, the government reported in an upgrade from its previous estimate
2023-11-29 21:55
Milei Announces Luis Caputo as Argentina’s Economy Minister
President-elect Javier Milei let slip his choice of economy minister during a radio interview Wednesday morning, saying that
2023-11-29 21:53