Oil prices rise, head for weekly gain on Russia-Ukraine tensions
Investing.com– Oil prices rose in Asian trade on Friday and were headed for a positive week as increased concerns over Russia and Ukraine saw traders attach a greater risk premium…
Oil rises as intensifying Ukraine war increases supply risk
By Laila Kearney (Reuters) – Oil prices rose on Friday after Russia said it had fired a ballistic missile at Ukraine and warned of a broadening conflict, raising the prospect…
Exxon group pulls out of talks with Guyana over shallow water oil block, government says
By Kemol King GEORGETOWN (Reuters) – U.S. oil major Exxon Mobil (NYSE:XOM) and partners have pulled out of negotiations with Guyana’s government on terms for exploring and developing a shallow-water…
US Consumer Watchdog Tightens Oversight on Nonbank Payment Services
The US consumer protection watchdog in the financial sector has tightened its oversight on nonbank firms offering digital payment services. Consumer Financial Protection Bureau (CFPB) has finalized a rule targeting…
Dollar rises after claims data, bitcoin continues rally
By Chuck Mikolajczak NEW YORK (Reuters) -The dollar rose to a 13-month high in choppy trading on Thursday as investors assessed the latest labor market data and comments from Federal…
Exxon Mobil pulls out of talks with Guyana over shallow water oil block, gov says
GEORGETOWN (Reuters) – U.S. oil major Exxon Mobil (NYSE:XOM) has pulled out of negotiations with Guyana’s government on terms for exploring and developing a shallow-water block, the South American country’s…
PayPal Restores Services After Two-Hour Global Outage Disrupting Crypto and Venmo
Payments firm PayPal (PYPL.O) announced it had resolved a global outage that disrupted services for nearly two hours today (Thursday). The issue began at 1053 GMT. It affected multiple PayPal…
New York grid operator warns of undersupply in 2033
NEW YORK (Reuters) – New York City is at risk of power shortfalls starting in the summer of 2033 as rising electricity demand butts up against a shrinking supply of…
Dollar rises after claims data, bitcoin climb continues
By Chuck Mikolajczak NEW YORK (Reuters) – The dollar rose in choppy trading on Thursday as investors assessed the latest data on the labor market and comments from Federal Reserve…
EU to cajole Trump on trade while readying tariff retaliation
By Philip Blenkinsop BRUSSELS (Reuters) – The European Union should seek constructive engagement on trade with the incoming Trump administration, but be ready to hit back in a coordinated way…