The market impact is going to play out in coming months and the story is yet to be written.
The share prices of US-based alternative asset managers—like Blackstone BX and KKR KKR —are down more than 10% on average ...
BP said Chairman Helge Lund will step down and that it has started the process to find a replacement. The British energy company said Lund is likely to step down in 2026 and will work with his ...
Vietnam has asked the U.S. to postpone newly announced tariffs, calling the Trump administration's decision to slap a 46% tariff on Vietnamese imports regrettable and saying it will seek negotiations.
Volvo will increase its investment in a truck factory it is building in Mexico to $1 billion, the country's economy minister said Friday.
Shell said it would sell its 16.125% stake in Colonial Enterprises to Brookfield Infrastructure Partners for $1.45 billion as it continues to simplify is portfolio. The British energy major said the ...
Oxy has a dominant position in the Permian Basin, which is the cheapest source of production in the US and is expected to be a major growth engine in the next few years. Oxy's conventional assets in ...
EOG is confident enough in its financial strength that management took on $1 billion of incremental debt to free up more cash. Even with this debt increase, management is still targeting a total ...
Cash flows from Hess' legacy operations in the US Gulf of Mexico and Southeast Asia support its growth investments, primarily its 30% working interest in the Exxon-operated Stabroek block in offshore ...
Indonesia's government is working with Malaysia, which holds the chairmanship of the Association of Southeast Asian Nations, to coordinate a regional response as all member countries have been ...
Government-bond markets worldwide were rallying a day after President Donald Trump's latest tariff announcement as investors sought shelter from risky assets and traders in the Polymarket prediction ...
Lucid delivers 3,109 cars in the first quarter, the highest quarterly total in the company's history and in line with Wall Street estimates. Vehicle prices will surge $5,000 to $10,000 and tariffs ...
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