OPEC+ Curbs Spark 85% Rout in Oil Tanker Rates After Boom
Benchmark rates for oil-carrying supertankers have collapsed as OPEC+ follows through on a surprise vow to slash supply
2023-05-10 00:27
Novavax to Cut a Quarter of Global Workforce as Covid Eases
Novavax Inc. shares gained the most in two years after the Covid-19 vaccine maker announced a restructuring plan
2023-05-09 22:27
Imran Khan’s Arrest in Graft Probe Stokes Anger in Pakistan
Paramilitary troops arrested Pakistan’s former premier Imran Khan on the orders of the anti-corruption bureau, a development that
2023-05-09 21:51
Biden, McCarthy to Meet Over Debt Drama as Markets Grow Anxious
President Joe Biden will sit down with House Speaker Kevin McCarthy for their first meeting in three months
2023-05-09 21:45
OCI Considers US, Middle East as Alternative Listing Venues
OCI NV is considering the Middle East and US as possible alternative listing venues, as the Dutch chemical
2023-05-09 21:26
PacWest Resumes Slide as Battered Regional Bank Stocks Fall
PacWest Bancorp shares fell on Tuesday, leading some peers lower in early trading as the hard-hit regional bank
2023-05-09 21:26
Chipmaker GlobalFoundries forecasts downbeat quarter, shares fall
GlobalFoundries Inc projected quarterly revenue below estimates on Tuesday as the chip manufacturer takes a hit from slumping
2023-05-09 20:46
Tempur Sealy to Buy Mattress Firm for About $4 Billion
Tempur Sealy International Inc. agreed to buy Mattress Firm from Steinhoff International Holdings NV in a cash-and-stock deal
2023-05-09 20:46
Why bank stocks are so unstable
The financial sector has been churning in rough water since the shocking collapse of Silicon Valley Bank in March.
2023-05-09 19:24
Mark Zuckerberg wins gold and silver in his first Jiu-Jitsu tournament
Meta CEO Mark Zuckerberg won two medals in a Brazilian Jiu-Jitsu tournament held at a Silicon Valley high school Saturday, adding to the tech leader's vast array of extracurricular activities.
2023-05-09 19:21
Who Gained and Who Lost from Australia's Latest Budget
Welfare programs have been given priority in Treasurer Jim Chalmers’s latest budget, as the Albanese government follows through
2023-05-09 17:53
Australia to Post Budget Surplus, Before Sliding Back Into Red
Australia’s budget will record a surplus for the first time since the 2008 global financial crisis, before higher
2023-05-09 17:50