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Saudi Arabia needs more than higher oil prices to fund its grand plans
Saudi Arabia needs more than higher oil prices to fund its grand plans
Riyadh knows that it cannot rely solely on a fluctuating oil market for income. Along with its efforts to raise oil prices, it is also trying to bring in investment from abroad.
2023-06-05 22:22
European Natural Gas Prices Jump as LNG Market Shows Signs of Tightening
European Natural Gas Prices Jump as LNG Market Shows Signs of Tightening
European gas futures jumped 20%, the biggest jump since March amid signs of a tighter liquefied natural gas
2023-06-05 21:15
Morgan Stanley sees slump in US earnings in 2023, sharp rebound next year
Morgan Stanley sees slump in US earnings in 2023, sharp rebound next year
Morgan Stanley warns of a 16% drop in profit for S&P 500 companies this year, followed by a
2023-06-05 20:26
Futures muted as investors weigh chances of June rate pause
Futures muted as investors weigh chances of June rate pause
By Sruthi Shankar and Shristi Achar A Wall Street futures were subdued on Monday after a solid rally
2023-06-05 19:47
Analysis-US hotel developers run out of cash as construction lending dries up
Analysis-US hotel developers run out of cash as construction lending dries up
By Bianca Flowers and Priyamvada C Tighter lending standards from regional banks are making it harder for U.S.
2023-06-05 18:56
Exclusive-Musk's Neuralink valued at about $5 billion despite long road to market
Exclusive-Musk's Neuralink valued at about $5 billion despite long road to market
By Rachael Levy, Krystal Hu and Marisa Taylor Elon Musk's brain implant startup Neuralink, which was valued at
2023-06-05 18:53
Opec: What is it and what is happening to oil prices?
Opec: What is it and what is happening to oil prices?
Saudi Arabia is cutting output by one million barrels a day, and Opec+ is keeping past cuts in place
2023-06-05 18:50
IMF's Georgieva sees no significant slowdown in lending - CNBC
IMF's Georgieva sees no significant slowdown in lending - CNBC
The International Monetary Fund has yet to see enough banks pulling back on lending that would cause the
2023-06-05 18:29
Energy sector's COVID recovery turns into massive CEO payday
Energy sector's COVID recovery turns into massive CEO payday
By Tim McLaughlin The CEOs of America’s biggest oil companies were paid a lot more in the first
2023-06-05 18:27
Marketmind: Jobs glow, crude pops, dollar lifts
Marketmind: Jobs glow, crude pops, dollar lifts
A look at the day ahead in U.S. and global markets from Mike Dolan World markets retained a warm afterglow
2023-06-05 18:23
Analysis-Debt-ceiling deal ignores US debt time bomb
Analysis-Debt-ceiling deal ignores US debt time bomb
By David Lawder and Andy Sullivan WASHINGTON Republicans and Democrats are touting a hastily-written debt ceiling deal that
2023-06-05 18:17
Goldman Sachs Asset Management makes $600 million bid for Norway's Froy
Goldman Sachs Asset Management makes $600 million bid for Norway's Froy
OSLO Goldman Sachs Asset Management (GSAM) has offered 6.6 billion Norwegian crowns ($598.8 million) in cash to buy
2023-06-05 14:17
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