Elliott wins Citgo share auction with $7 billion conditional offer
By Marianna Parraga and Gary McWilliams HOUSTON (Reuters) -Activist investor Elliott Investment Management on Friday was named the presumptive winner in a U.S. court auction of shares in a parent…
US considering new visa curbs, oil sanctions on Venezuela amid post-election standoff
By David Alire Garcia (Reuters) -The U.S. is closely studying imposing new sanctions on individuals in Venezuela as well as potentially revoking licenses for oil companies working there, a senior…
Elliott wins Citgo share auction with $7 billion bid
By Marianna Parraga and Gary McWilliams HOUSTON (Reuters) -Activist investor Elliott Investment Management on Friday was named the presumptive winner in a U.S. court auction of shares in a parent…
US shelves Oregon offshore wind auction after protest from governor
(Reuters) – The Biden administration on Friday said it was shelving a planned auction of offshore wind development rights off the coast of Oregon that had been scheduled for next…
Oil settles higher but falls on the week on firmer supply outlook
By Georgina McCartney HOUSTON (Reuters) – Oil prices edged higher on Friday, but were set for a weekly drop as investors weighed expectations for higher global supply against fresh stimulus…
Montreal port expects slowdown from three-day workers’ strike set for Monday
(Reuters) -The port of Montreal on Friday said customers would experience an operational slowdown after a union issued a notice for a three-day strike next week at two terminals that…
US SEC charges Mango Markets with offering unregistered crypto token
(Reuters) – The U.S. Securities and Exchange Commission on Friday charged cryptocurrency trading platform Mango Markets with unregistered sales of its digital asset token, which the regulator identified as a…
Dollar weakens after inflation data, Yen surges on Ishiba win
By Chuck Mikolajczak NEW YORK (Reuters) -The dollar fell on Friday after a reading of U.S. inflation signaled price pressures continue to ebb, while the yen strengthened against the greenback…
US shelves Oregon offshore wind auction
(Reuters) – The Biden administration on Friday said it was shelving a planned auction of offshore wind development rights off the coast of Oregon that had been scheduled for next…
US studying new visa restrictions, oil sanctions on Venezuela amid post-election standoff
(Reuters) – The U.S. government is “studying very closely” the possibility of imposing additional sanctions on individuals in Venezuela as well as potential revoking licenses for oil companies working in…
