The Dry Bulk Industry Continues to Thrive
There has been one common theme in first-quarter earnings reports- Shipping costs are elevated. This has been detrimental to gross…
May 25, 2022
Oil Edges Higher On Tight Supply, Surge In U.S. Refining Activity
By David Gaffen New York (Reuters) – Oil prices rose on Wednesday, buoyed by tight supplies and as U.S. refiners…
Teva, Allergan Reach $161.5 Million Opioid Settlement With West Virginia
By Dietrich Knauth (Reuters) -Teva Pharmaceutical Industries and AbbVie’s Allergan unit reached a settlement worth $161.5 million to resolve claims…
Russia says it will pay foreign debt in rubles after US ban
Russia says it will pay dollar-denominated foreign debt in rubles, a move that is likely to be seen by foreign…
BlackRock’s Fink Says Clients Must Decide How To Navigate Energy Transition
By Ross Kerber (Reuters) -BlackRock Inc Chief Executive Laurence Fink on Wednesday said clients must decide for themselves how to…
TotalEnergies Investors Back Company’s Climate Plan Despite Protests
By Benjamin Mallet PARIS (Reuters) -TotalEnergies’ shareholders on Wednesday voted in favour of the French oil and gas company’s climate…
U.S. Automated Electric Truck Startup Solo AVT Picks Battery Supplier ABS
By Paul Lienert (Reuters) – Silicon Valley startup Solo Advanced Vehicle Technologies has partnered with Michigan-based Advanced Battery Solutions (ABS)…
Stocks Wait On Fed Minutes, Dollar Strides Off 1-month Low
By Marc Jones LONDON (Reuters) – Stock markets stalled and the dollar moved off a 1-month low on Wednesday as…
Exclusive-India Has No Immediate Plan To Lift Wheat Export Ban, Commerce Minister Says
By Aditya Kalra DAVOS, Switzerland (Reuters) – India has no immediate plans to lift a ban on wheat exports, but…
Lagarde Gains Key Allies For Rate Hike Plans
DAVOS/FRANKFURT (Reuters) – European Central Bank President Christine Lagarde gained key allies for her plan to raise rates out of…