SINGAPORE (Reuters) – U.S. oil prices rose above $70 a barrel on Monday for the first time since November 2014, as a deepening economic crisis in Venezuela threatened the country’s already tumbling oil supplies.
HOUSTON/CARACAS (Reuters) – U.S. oil firm ConocoPhillips has moved to take Caribbean assets of Venezuela’s state-run PDVSA to enforce a $2 billion arbitration award over a decade-oil nationalization of its projects in the South American country, according to three sources familiar with its actions.
May.06 — Former Reserve Bank of India Governor Raghuram Rajan discusses China’s debt, China’s move away from export-led growth to domestic-led growth and his outlook for the economy. He speaks to Bloomberg’s Kathleen Hays at the Hoover Institute Conference in Stanford, California. …read more […]
Charlie Munger praises Elon Musk, blasts bitcoin, and mellows on President Trump. …read more […]
There are few individual computer models that have left a lasting mark on the …read more […]
SINGAPORE (Reuters) – Oil markets were steady on Monday, with prices near late-2014 highs as a decision looms on whether the United States walks away from a deal with Iran and instead re-imposes sanctions on Tehran.
SINGAPORE (Reuters) – Oil markets held firm on Monday, with prices near late-2014 highs as a decision looms on whether the United States walks away from a deal with Iran and instead re-imposes sanctions on Tehran.
WASHINGTON (AP) — Gina Haspel, President Donald Trump’s nominee to lead the Central Intelligence Agency, offered to withdraw her nomination, two senior administration officials said Sunday, amid concerns that a debate over a harsh interrogation program would tarnish her reputation and that of the CIA. …read more […]
SYDNEY (Reuters) – Asian shares crept higher on Monday after a tame reading on U.S. wages lessened the risk of faster rate hikes by the Federal Reserve, although Sino-U.S. trade tensions and a looming deadline for the Iranian nuclear deal argued for caution.
AMELIA ISLAND, Florida (Reuters) – Federal Reserve vice chair for supervision Randal Quarles said the central bank is in the early stages of studying how the expanding use of machine learning in the financial sector may change its regulatory approach, but that so far it fits within the existing regulatory framework.
May.06 — Wells Fargo Private Bank Regional CIO Kei Sasaki discusses the U.S. labor market, and talks about risks to the U.S. economy. He speaks on “Bloomberg Daybreak: Australia.” …read more […]
(Reuters) – Australia and New Zealand Banking Group Ltd said on Monday it would remove sales incentives for financial planning bonuses, in a move that comes amid intense scrutiny of Australia’s financial sector.
Investors continue to underestimate the Hawaii-focused airline’s earnings growth prospects. …read more […]
HONG KONG (Reuters) – Activist investing in Asia is rising steadily, driven more by local players rather than headline-grabbing foreign firms, as the region’s regulators pay greater attention to corporate governance, according to research from JP Morgan .
Which stock wins in a battle between the biggest marijuana grower and the biggest marijuana biotech? …read more […]
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