Exxon Mobil considers Malaysian offshore assets sale for up to $3 billion: Bloomberg
Exxon Mobil Corp is considering a sale of its Malaysian upstream offshore assets for up to $3 billion, Bloomberg reported on Wednesday.
Exxon Mobil Corp is considering a sale of its Malaysian upstream offshore assets for up to $3 billion, Bloomberg reported on Wednesday.
Oil prices slipped for a third consecutive session on Wednesday as tensions escalated between the United States and China prior to this week’s trade talks, raising uncertainties for global economic growth and oil demand.
Dividend paying stocks like Weichai Power Co., Ltd. (HKG:2338) tend to be popular with investors, and for good reason… …read more […]
Some stocks are best avoided. We don’t wish catastrophic capital loss on anyone. Imagine if you held Efore Oyj… …read more […]
UNICEF, the United Nations’ charity arm for children, has launched a cryptocurrency fund and is accepting donations in bitcoin (BTC) and ether (ETH).The post UNICEF launches crypto fund, accepting donations in bitcoin and ether appeared first on The Block. …read more […]
Dutch online food delivery company Takeaway.com reported an 87% increase in third-quarter orders on Wednesday, driven by organic growth and acquisitions. The company processed 41.6 million orders across its markets in the period, supported by strong sales in Germany where it completed the acquisition of the local arm of the world’s biggest online food delivery firm, Delivery Hero, in April. Most players, excluding Britain’s Just Eat, are yet to produce profits as they spend heavily on marketing and acquisitions. …read more […]
(This October 8 story has been refiled to clarify in paragraph 3 that Afound sells the H&M group’s brands)
Wide variations in the way oil companies report their efforts to reduce carbon emissions make it difficult to assess the risk of holding their shares as the world shifts away from fossil fuels, senior fund managers say.
Some Chinese National Basketball Association (NBA) fans have asked for streaming subscription refunds from exclusive service provider Tencent amid a deepening free speech row, a move that could cause the tech giant financial pain. Tencent Holdings renewed its exclusive digital partnership with the NBA in July, securing rights to stream U.S. games in China, a market with an estimated 500 million fans. Tencent halted broadcasting games involving the Rockets over the weekend and later said it would stop broadcasting the entire preseason after NBA commissioner Adam Silver voiced his support for Morey’s “freedom of political expression” on Tuesday. …read more […]
Asian stocks fell the most in a week on Wednesday as the United States and China’s broadening dispute over trade and foreign policy showed little sign of coming to an end, weighing on global economic growth.
Oil prices slipped for a third consecutive session on Wednesday as tensions escalated between the United States and China prior to this week’s trade talks, raising uncertainties for global economic growth and oil demand.
Indian shares were largely unchanged on Wednesday, as global equities took a beating after U.S.-China standoff broadened and as investors kept a cautious stance ahead of September-quarter corporate results. Broader Asian peers fell the most in a week as the United States and China’s broadening dispute over trade and foreign policy showed little sign of coming to an end, weighing on global economic growth. The negotiations, which have been the global markets’ most important catalyst for months, have weighed on investor sentiment. …read more […]
(Bloomberg) — Activision Blizzard Inc. is facing a fierce backlash and calls for a boycott after a unit of the American game company punished a player for supporting Hong Kong’s protest movement, the latest cultural clash between the U.S. and China.Blizzard Entertainment banned Ng Wai Chung, known as Blitzchung, from its Grandmasters esports competition for a year and withheld prize money he had already won after he used a slogan from Hong Kong’s pro-democracy movement. Players and fans around the world immediately responded with outrage over what they view as heavy-handed punishment and kowtowing to Chinese censorship.“I will never play …read more […]
Chinese e-commerce firm Alibaba said on Wednesday it will stop selling e-cigarette components in the United States, amid growing regulatory scrutiny and reports of lung disease and some deaths linked to vaping.
Thailand’s central bank saw a need to preserve monetary policy space to address possible future risks, when it kept its benchmark rate on hold last month, meeting minutes showed on Wednesday. The Bank of Thailand (BOT) remains worried about the impact of the strength of the baht on Southeast Asia’s second-largest economy and will consider implementing additional measures as needed, according to minutes of its Sept. 25. The baht is Asia’s best performing currency so far this year, up 7.3% against the U.S. dollar, driven by Thailand’s hefty current account surplus and fund inflows. …read more […]
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