Tag: science

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Trump 2.0's Slow Start: Deals Lag, Taxes Under Scrutiny, Banks Grilled

Wall Street had expectations for the start of Trump 2.0, but dealmaking slowed in January, a tax break for hedge funds came under fire, and banks faced scrutiny over "debanking" customers.

Chevron's Reserves Fall to Decade Low, Raising Concerns

Chevron's oil and gas reserves have fallen to a decade low, raising concerns about the company's long-term prospects. The acquisition of Hess, which is currently stalled due to a legal battle with Exxon Mobil, would give Chevron a stake in the lucrative Guyana oilfields.

UK Sells Record £13 Billion of 10-Year Bonds

UK sells record £13bn of 10-year bonds, attracting highest-ever demand from investors keen to lock-in yields near multi-decade highs.

Ashtead Plans US Relocaton, Seeks Shareholder Approval for New Listing

British equipment rental firm Ashtead Group seeks shareholder approval to relocate its primary listing to the United States, as the company aims to explore higher valuations in the US markets.

Musk's $97.4 Billion OpenAI Offer Shot Down, Lawsuit Looming

Elon Musk offers $97.4 billion for OpenAI, a nonprofit company he co-founded with Sam Altman. OpenAI is seeking to become a for-profit business, which Musk is suing to prevent.

US Stock Futures Fall on Tariff Concerns, Powell Testimony Awaited

US stock futures edged lower Tuesday as markets eye tariff policy shifts from President Trump and await inflation testimony from Federal Chair Jerome Powell.

China Vanke Receives $383 Million Loan from State-Owned Shareholder

China Vanke receives a $383 million loan from Shenzhen Metro, signaling government support as the property developer faces liquidity challenges.

Oil Steadies After Biggest Gain in Almost Four Weeks as Russia Cuts Offset Tariff Woes

Oil prices steadied after Russian production cuts outweighed concerns over trade tariffs.

Xpeng, Geely Shares Plunge on BYD's Smart Driving Expansion

Chinese automakers Xpeng and Geely Auto see shares fall on concerns over BYD's competitive edge in offering smart driving features for free.

Oil Holds Gains as Russian Supply Loss Offsets Trade-War Worries

Oil holds gains on tighter Russian supply, tariff concerns