China's crude oil imports fell to a decade low in June, reaching 7.12 million barrels per…
Category: Financial News
Daily coverage of the markets that move portfolios: equities, bonds, commodities, currencies and the central-bank decisions behind them. Each report explains what changed, why it matters and how it feeds into an allocation. Written for investors who follow markets as a process, not as headlines.
Eni CEO: Big Oil Shifts Focus to Southeast Asia, Latin
Eni S.p.A. CEO Claudio Descalzi announced a strategic shift in the oil and gas industry towards…
India, South Africa to Expand Strategic Petroleum Reserves
India and South Africa have announced plans to significantly boost their Strategic Petroleum Reserves (SPR) amid…
Chevron Advances Iraq Oil Projects with New Agreements
Chevron is set to sign two memoranda of understanding on Friday that will advance its plans…
State Street selected for Treasury’s $1B investment plan
State Street Corporation announced on Thursday that the U.S. Treasury Department has selected one of its…
Dine Brands Stock Rises 70% Amid Activist Stake Interest
Dine Brands Global Inc. saw its stock rise approximately 70% since an activist investor disclosed a…
Oil prices decline amid US-Iran tensions, remain elevated
Oil prices settled lower on Thursday, July 16, but remained near their highest levels since mid-June…
Block’s Cash App Borrow Originates $27 Billion in Loans
Block's Cash App Borrow has originated over $27 billion in loans since receiving approval from the…
Enterprises Face AI Choices: Open vs. Closed Foundations
Enterprises are at a critical juncture in their adoption of artificial intelligence (AI), facing the choice…
Judge Approves $38 Billion Settlement for Card Swipe Fees
A federal judge has granted preliminary approval for a settlement between Visa, Mastercard, and merchants regarding…