Markets
By Herbert Lash and Harry Robertson NEW YORK/LONDON (Reuters) -The dollar climbed to its highest in almost three months against nine other major currencies on Monday as traders slashed bets the Federal Reserve would aggressively cut interest rates this year after new economic data further diminished those odds. U.S. services…
Last updated: April 12, 2024 07:19 EDT | 1 min read TON Foundation has partnered with HashKey to support the “open network” and “increase access” to fiat on and off-ramps for Telegram wallet users in the Asia-Pacific Region.In an announcement, TON Foundation and HashKey said they will continue to work…
Imperial Oil Limited (NYSE:) has announced strong financial results for the fourth quarter, with a net income of $1.365 billion and cash from operating activities totaling $1.799 billion. The company experienced record production from its Kearl asset, reaching an average of 308,000 barrels per day, and saw significant achievements in…
Investing.com — U.S. crude stockpiles fell much more than expected last week, the API reported Tuesday, just as markets brace for the U.S. response to a deadly drone on its forces earlier this week. , the U.S. benchmark, traded at $77.78 a barrel following the report after settling up…
Investing.com– Most Asian currencies rose slightly on Tuesday, recovering marginally after growing expectations of higher-for-longer U.S. interest rates pushed up the dollar and weighed heavily on regional markets. Regional currencies saw some relief as the U.S. dollar steadied after racing to near three-month highs this week. The dollar was buoyed…
Last updated: April 11, 2024 07:13 EDT | 1 min read Bankrupt crypto firms FTX Trading and Voyager Digital Holdings have agreed to settle loan disputes, which would help reimburse creditors.The long-standing claims and disputes between both the parties came to an end on Tuesday, which would entirely release the…
LyondellBasell Industries (LYB) revealed a strong financial performance in its fourth quarter and full-year 2023 earnings call, announcing earnings of $8.65 per share with an EBITDA of $5.2 billion for the year. The company surpassed its value enhancement program goals, achieving over $400 million in annual EBITDA improvements. LyondellBasell also…
By Marianna Parraga and Mayela Armas HOUSTON/CARACAS (Reuters) – A reimposition of U.S. sanctions on Venezuela’s oil and gas sectors would hurt the OPEC country’s ability to collect cash from its oil exports, crimp new energy investments and raise the risks of domestic fuel scarcity, analysts and executives said. Washington…
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Last updated: April 10, 2024 08:45 EDT | 3 min read BTC has fallen by 1% in the past 24 hours, with the Bitcoin price dropping below $70,000 on a day when the market has lost 2%.Bitcoin does remain up by 4% in a week, and while it’s down by…