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Colonial shuts pipeline due to potential gasoline leak
NEW YORK -Colonial Pipeline, the largest refined products pipeline operator in the United States, said on Tuesday it was responding to a report of a potential gasoline leak in Paulding County,...
EIA expects oil prices to be under pressure from oversupply in 2025, 2026
NEW YORK -Oil prices will be under pressure in 2025 and 2026 as global production growth outpaces demand, the U.S. Energy Information Administration said on Tuesday in its Short-Term Energy Outlook...
Oil prices remain near four-month highs as markets weigh Russia sanctions impact
Oil prices slipped at market open on Tuesday but remained near four-month highs as Chinese and Indian buyers sought new suppliers in the wake of the Biden administration's toughest sanctions yet on...
US crude and distillate inventories likely fell last week, gasoline seen up
U.S. crude oil and distillate stockpiles are expected to have fallen last week and gasoline inventories to have risen, a preliminary Reuters poll showed on Monday. Three analysts polled...
Indices: The year 2024 in numbers!
The year 2025 got off to a quiet start, departing from the tradition of the end-of-year stock market rally. This is an ideal opportunity to look back at the performance of the major indices and...
VEON moves ahead with planned US listing for Ukraine's top telco Kyivstar
Telecoms group VEON is moving forward with its plan to float its unit Kyivstar in the U.S., in a move that would make it the first Ukrainian firm to be listed in the United States. ...
LNG exporter Venture Global seeks up to $110 billion valuation in US IPO
Venture Global is targeting up to $110.38 billion valuation in its U.S. initial public offering, the liquefied natural gas exporter said on Monday, setting the stage for 2025's first blockbuster...
S&P500 wipes post-election gains as bonds haunt
A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street's S&P 500 index has all but wiped out its post-election gains, weighed by bond markets fearful of an...
Sinking U.S. equity risk premium rings alarms: McGeever
ORLANDO, Florida -Theory suggests that the divergence in value between U.S. stocks and bonds will eventually get so extreme that investors will need to reduce their exposure to ultra-pricey equities...
Oil hits more than 3-month high as US sanctions hit Russia exports
Oil prices hit their highest level in more than three months on Monday's open, extending their rally on expectations that wider U.S. sanctions will affect Russian crude supplies to the world's top and...
Hot US jobs data stoke yield fire, scold stocks
A look at the day ahead in Asian markets. If the reaction in U.S. stocks, bonds and the dollar to Friday's sizzling U.S. employment report is any guide, Asian markets are in for a...
Morgan Stanley raises Reckitt but cuts Haleon
The following London-listed shares received analyst recommendations Friday morning and on Thursday: ---------- FTSE 100 ---------- Deutsche Bank cuts Unite Group price target to 1,160 pence -...
Indian shares set for a muted start, with the focus on TCS
Indian shares are set for a cautious start on Friday at the end of a tough week in which foreign investors pulled out on fears of slowing economic and corporate growth, with TCS in focus after the top...
Oil set for third straight weekly gain on winter fuel demand
Oil prices rose in early Asian trade and were on track for a third straight week of gains with icy conditions in parts of the United States and Europe driving up fuel demand for heating. ...
Saudi Aramco and Sonatrach cut LPG prices for January
Oil producer Saudi Aramco and Algeria's Sonatrach lowered January's official selling prices for liquefied petroleum gas by between 1.6% and 6% from December because of weaker demand for the fuel,...
Foreigners turn net sellers of Japanese stocks, lock in 2024 gains
Foreign investors net sold Japanese stocks in the week ended Jan. 4, taking advantage of 2024 gains while aiming to reduce risks amid an unusually long market closure. Foreigners sold a...
Apollo to boost staffing for Japan and Asia wealth, top regional exec says
Apollo Global Management plans to expand in Japan and add staff to its Asia wealth business, its regional top executive said, as global investment firms pump more resources into the region to...
Citi plans to donate undisclosed amount to Trump inauguration
Wall Street giant Citigroup plans to contribute an as-yet undisclosed sum to President-elect Donald Trump's inauguration fund, according to a person familiar with the matter, joining fellow major...
Asian stocks slip, dollar bolstered by US rate outlook
Asian stocks drifted lower on Wednesday, with a robust dollar keeping the yen pinned near six-month lows as traders wagered the Federal Reserve will likely be slow in cutting rates after data showed...
Getty Images and Shutterstock to merge, forming $3.7 billion stock image giant
Getty Images said on Tuesday it will merge with rival Shutterstock to create a $3.7 billion stock image powerhouse in a deal that would help the companies navigate the AI era, but likely attract...
Meta Platforms: The Ad Network That Wanted to Run the Checkout
Imperial Brands nearing the end of a good run?
Oil Is Coming for Wall Street
Christine Lagarde has to clarify her future
Gold corrects, should investors prefer miners to the metal?
Nearly 30% growth expected on Wall Street in Q3, but beware of a disappointment…
Don't Count Out the Doves
The Greenback Rides Eurozone Vulnerabilities
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