Undaunted by oil bust, financiers pour billions into U.S. shale Investors who took a hit last year when dozens of U.S. shale producers filed for bankruptcy are already making big new bets on the industry's resurgence. In the first quarter, private equity funds raised $19.8 billion for energy ventures – […]
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Trump triggers U.S. bond yield slide, dollar recovers Trump triggers U.S. bond yield slide, dollar recovers:- U.S. Treasury yields tumbled on Thursday and were on track for the biggest weekly decline since late 2015 after U.S. President Donald Trump said he would like to see interest rates stay low, while […]
British regulators investigate Barclays CEO Staley over whistleblowing British regulators are investigating Jes Staley, the chief executive of Barclays (BARC.L), and the bank itself over a whistleblowing incident, the bank said on Monday. The Financial Conduct Authority and the Prudential Regulation Authority are looking into an attempt by Staley last […]
GM China vehicle sales fall in first quarter as tax cut rolled back GM China vehicle sales fall in first quarter as tax cut rolled back:- U.S. automaker General Motors Co (GM.N) said on Friday its first quarter sales in China fell 5.2 percent compared to the same period a […]
U.S. office vacancy rate flat in first quarter U.S. office vacancy rate flat in first quarter:- U.S. office vacancy rate was flat at 15.8 percent in the first quarter of 2017, compared with the fourth quarter of 2016, according to real estate research firm Reis Inc (REIS.O). Asking rent rose […]
ExxonMobil says in talks to buy Singapore Jurong Aromatics ExxonMobil says in talks to buy Singapore Jurong Aromatics:- ExxonMobil said on Wednesday it is in talks to buy a refining-petrochemical complex in Singapore that could boost its fuel and chemical production in Asia. "We can confirm that we are currently negotiating with […]
U.S. regulator fines Credit Suisse unit, adviser over improper investments U.S. regulator fines Credit Suisse unit, adviser over improper investments:- Credit Suisse Securities (USA), a unit of Credit Suisse AG (CSGN.S), and a former investment adviser have agreed to pay about $8 million in fines to settle charges relating to […]
Ford recalls F-250 pickups that could roll while in park Ford recalls F-250 pickups that could roll while in park:- Ford Motor Co (F.N) is recalling about 52,600 F-250 pickup trucks sold in the United States and Canada because the vehicles could roll after the driver moves the automatic transmission […]
Saudi Aramco formally appoints banks to advise on share sale Saudi Aramco formally appoints banks to advise on share sale:- Saudi Aramco has formally appointed JPMorgan Chase & Co, Morgan Stanley and HSBC as international financial advisers for its initial public offering, sources familiar with the matter told Reuters. The […]
Toyota recalls 2.9 million vehicles globally over airbags Toyota recalls 2.9 million vehicles globally over airbags:- Toyota Motor Corp (7203.T) on Thursday said it was recalling a total of about 2.9 million vehicles in Japan, China, Oceania and other regions including its Corolla Axio sedan and RAV4 SUV crossover due […]
