SHANGHAI/HONG KONG, Aug 12 (Reuters) – Five Chinese state-owned companies, including China Life Insurance (601628.SS) and oil giant Sinopec (600028.SS), said on Friday they would delist from the New York Stock Exchange , in an intensified diplomatic context. and economic tensions with the United States. The companies, which also include Aluminum Corporation of China (Chalco) … Read more
Ethereum is the second largest cryptocurrency in the world, and it gives bitcoin a run for its money. Getty Ethereum, the second-largest cryptocurrency by market value, just held a final dress rehearsal ahead of a years-awaited upgrade that has been touted as one of the biggest events in crypto history. . Since its inception nearly … Read more
Washington’s efforts to rein in inflation will particularly fail this year, according to market forecaster Jim Bianco. And, he thinks this week’s key inflation data will help prove it. “I don’t see anything that could reduce the rate of inflation. There are some things that could reduce prescription drug prices and maybe a few other … Read more
FILE PHOTO – An oilfield worker works on a pump jack at PetroChina’s Daqing oilfield in northeast China’s Heilongjiang province November 5, 2007. REUTERS/Stringer (CHINA) Join now for FREE unlimited access to Reuters.com Register SINGAPORE, Aug 8 (Reuters) – Oil prices rose slightly from multi-month lows on Monday as investor appetite improved on U.S. jobs … Read more
BlackRock says global markets have become more volatile and will remain so for some time. The world’s largest asset manager says the era of steady growth and low inflation is over: “We believe that traditional portfolios, hedges and risk models will no longer work.” “The Great Moderation, a long period of steady growth and low … Read more
Celsius on Thursday was sued by former investment manager Jason Stone as pressure continues to mount on the company amid a crash in cryptocurrency prices. Stone alleged, among other things, that Celsius CEO Alex Mashinsky (above) was ‘capable of becoming very rich’. Piaras Ó Midheach | Sportsfile for the Web Summit | Getty Images Struggling … Read more
Text size GE wants to be a player in the electricity network of the future. This will benefit his next Vernova activity. Brandon Bell/Getty Images NISKAYUNA, N. Y–In General Electric it is sprawling research center here you’ll find two Nobel Prizes won by GE scientists, Thomas Edison’s office, and ongoing research that could help create … Read more
FILE PHOTO – A PetroChina worker inspects a pump cylinder at an oilfield in Tacheng, Xinjiang Uyghur Autonomous Region, China June 27, 2018. REUTERS/Stringer AT Join now for FREE unlimited access to Reuters.com Register BoE raises rates and warns of recession risks Saudi Arabia and the United Arab Emirates save their oil firepower in the … Read more
Beyoncé attends the premiere of Disney’s ‘The Lion King’ at Dolby Theater on July 09, 2019 in Hollywood, California.Photo: Kevin Winter (Getty Images) Updated 8/4/2022 10:30 a.m. ET: Kelis has responded to the tween of her hit song “Milkshake” being removed from Beyonce’s Renaissance album. Thanks to fans who started commenting on Instagram, Kelis is … Read more
Sticker reads crude oil on the side of a storage tank in the Permian Basin in Mentone, Loving County, Texas, U.S. November 22, 2019. REUTERS/Angus Mordant Join now for FREE unlimited access to Reuters.com Register U.S. crude and gasoline inventories rise unexpectedly – EIA OPEC+ decides on a small increase of 100,000 bpd in production … Read more