Asia Stocks Drop on Profit Taking, Fitch Fallout: Markets Wrap
Asia stocks fell as Fitch Ratings’ downgrade of the US sovereign rating sapped risk sentiment following a strong
2023-08-02 10:25
Saudi Wealth Fund Hires Banks for Second Bond Sale This Year
Saudi Arabia’s sovereign wealth fund has hired banks for a debut Islamic dollar bond sale to help finance
2023-08-01 21:48
Saudi Arabia Borrowing Rate Hits Record High, Hitting Businesses
A key gauge of borrowing costs in Saudi Arabia has risen to a record, potentially hitting businesses and
2023-08-01 15:15
Oil Steadies After the Biggest Monthly Advance Since Early 2022
Oil steadied after the biggest monthly advance since early 2022 as signs of a tighter global crude market
2023-08-01 09:58
Mexico Peso Clocks Longest Monthly Winning Streak Since 2008
Mexico’s peso posted its seventh-straight month of gains, the longest such streak in 15 years, with the currency’s
2023-08-01 05:51
The Invisible Climate Impact of a Cruise Ship
Cruise operators are replacing oil-based fuel with liquefied natural gas to run their ships and pitching the shift
2023-07-31 21:52
Heavy Rains Kill Two in Beijing as Storm Lashes Northern China
Torrential rains have damaged roads and killed two people in Beijing, state media reported on Monday, as remnants
2023-07-31 17:45
UAE Oil Giant Adnoc Sets Tougher Climate Targets Before COP28
The biggest oil producer in the United Arab Emirates is setting itself more ambitious emissions-reduction targets as the
2023-07-31 17:21
UK Pledges Hundreds of New North Sea Oil and Gas Licenses in Energy Push
Prime Minister Rishi Sunak committed to granting hundreds of new licenses for oil and gas production in the
2023-07-31 15:58
Eskom Latest: Unplanned Outages Drop by 2,000 MW
Unplanned outages at state power utility Eskom Holdings Ltd.’s generating fleet fell to less than 16,000 megawatts in
2023-07-31 13:51
Fan-Cooled Beds and Baby Carriers Are Gadgets to Beat Heat
As extreme heat blankets the globe from Phoenix to Athens, entrepreneurs are responding with an array of personal
2023-07-31 09:24
Five Key Charts to Watch in Global Commodity Markets This Week
Record heat, extreme weather events and war are still upending global commodity markets. Rice — a food staple
2023-07-31 05:54