Oil price stable as supply problems in Libya offset less-than-expected US inventory reductions
Aug 29 (Reuters) – Oil prices steadied on Thursday after two sessions of losses as supply concerns about Libya returned to focus, while a smaller-than-expected draw in U.S. crude inventories dampened demand expectations. Brent crude futures fell 7 cents, or…
Share prices unchanged ahead of Nvidia earnings and US economic data
Wall Street indices slightly down Nvidia earnings expected after market close Dollar recovers Gold price falls Crude oil falls NEW YORK/LONDON, Aug 28 (Reuters) – Global stock markets fell while the U.S. dollar recovered on Wednesday ahead of the release…
Stock prices fall slightly, oil price rises due to supply concerns in the Middle East and Libya
Article 1 of 3 Traders work on the trading floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 3, 2024. REUTERS/Brendan McDermid/File Photo (1/3)Traders work on the trading floor of the New York Stock Exchange…
After work on the pipeline, Exxon ships resume oil production in Guyana
GEORGETOWN, Aug 26 (Reuters) – An Exxon Mobil (XOM.N)opens new tab The consortium’s crude oil production in Guyana has been fully restored at two floating production facilities after workers completed the connection of a natural gas pipeline, a company spokesman…
Mike Lynch was a British technology pioneer who died at sea after being acquitted in a US trial
LONDON, Aug 22 (Reuters) – Tech tycoon Mike Lynch, who died when his luxury yacht sank off Sicily, spent more than a decade building Britain’s biggest software company – and for almost as long he fought accusations that he inflated…
Bankruptcy of Indian Ed-Tech giant Byju fuels fears among employees
The company was once valued at $22 billion in India Autumn seen as a setback for employees and the startup sector Employees weigh up legal options, protest Dispute between lenders triggered insolvency proceedings BENGALURU/NEW DELHI, Aug 22 (Reuters) – The…
Dollar nears 7-month low ahead of Powell meeting, Swedish krona falls after rate cut
Aug 20 (Reuters) – The dollar fluctuated near a seven-month low on Tuesday on speculation that the U.S. Federal Reserve will begin cutting interest rates starting next month, with traders preparing for comments from Federal Reserve Chairman Jerome Powell on…
Trump promises to repeal environmental protection law and prevent steel mergers
Trump wants to limit foreign access to domestic markets and ensure a 100% American supply chain US Steel shares fell 6% after Trump commented on blocking the merger with Nippon Steel Trump plans to abolish EPA rules limiting pollution from…
Global stock prices rise on Fed interest rate cut bets
Article 1 of 2 LSEG signage is seen on screens in the lobby of the London Stock Exchange in London, Britain, May 14, 2024. REUTERS/Hannah McKay/File Photo (1/2)LSEG signage is seen on screens in the lobby of the London Stock…
