Hedge funds are making millions off Europe’s killer heat waves
Hedge funds have booked nine-figure profits trading carbon-credits tied to global warming. The price of carbon-emissions credits surged 60% this summer as temperatures in Europe
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Oil falls but losses capped by hopes of easing trade tensions
LONDON (Reuters) – Oil prices fell on Tuesday on persistent concerns over future demand, but losses were capped by optimism U.S.-China trade tensions will ease
Global shares inch higher as stimulus hopes spur rebound
LONDON (Reuters) – European shares followed their Asian counterparts higher on Tuesday as investors bet possible monetary and fiscal stimulus measures would help stave off
Asia shares edge up as stimulus hopes temper recession worries
TOKYO (Reuters) – Asian shares rose on Tuesday as hopes for stimulus in major economies tempered anxiety about a global recession, boosting riskier assets and
Exclusive: WhatsApp in talks to launch mobile payments in Indonesia – sources
JAKARTA (Reuters) – Facebook Inc’s (FB.O) messaging service WhatsApp is in talks with multiple Indonesian digital payment firms to offer their mobile transaction services, in
Lufthansa will hold its ground in short-haul price war: CEO
FILE PHOTO – An Airbus A380 of German air carrier Lufthansa is pulled for technical maintainance at the airport in Frankfurt, Germany, February 12, 2019.
UBS names new CEO for European Union operations
FILE PHOTO: A man walks past a UBS logo projected on a screen in Singapore, January 14, 2019. REUTERS/Feline Lim/File Photo FRANKFURT (Reuters) – UBS
Climate change could rain on Saudi Aramco’s IPO parade
LONDON/DUBAI (Reuters) – Saudi Aramco’s biggest asset could also be a liability. FILE PHOTO: An oil tanker is being loaded at Saudi Aramco’s Ras Tanura
Humbled Deutsche Bank faces battle in its own backyard
FRANKFURT (Reuters) – Online retailer Zalando is just the kind of fast-growing German business with foreign expansion plans that Deutsche Bank Chief Executive Christian Sewing
Oil prices hold steady on hopes trade tensions could ease
SINGAPORE (Reuters) – Crude oil prices held mostly steady on Tuesday on optimism that U.S.-China trade tensions would ease and on hopes that major economies
Oil prices slip, but supported by hopes trade tensions could ease
SINGAPORE (Reuters) – Crude oil prices slipped on Tuesday, but losses were limited as equity markets rallied and as traders hoped Sino-U.S. trade tensions would
Beijing’s Belt and Road plans could spur the sector
Mohammed bin Rashid Al Maktoum, vice president and prime minister of the United Arab Emirates, ruler of the Emirate of Dubai, China’s President Xi Jinping
Asian shares nudge higher on stimulus hopes, recession fears ease
TOKYO (Reuters) – Asian shares extended their gains on Tuesday as hopes for stimulus in major economies tempered anxiety about a global recession, helping boost
Top U.S. CEOs say companies should put social responsibility above profit
NEW YORK (Reuters) – Corporate America is responsible for providing economic benefits to all, not just its investors, the Business Roundtable group said on Monday.
Plant-based meat alternatives crowd U.S. grocery stores
(Reuters) – Plant-based meat alternatives have seen booming interest from consumers, prompting a growing number of companies to enter the space in hopes of carving
Oil rises 2% after attack on Saudi field, stimulus expectations
NEW YORK (Reuters) – Oil prices gained roughly 2% on Monday after a weekend attack on a Saudi oil facility by Yemen’s Houthi forces threatened
Disney streaming service to launch in Canada, Netherlands in November
FILE PHOTO: The entrance to Walt Disney studios is seen in Burbank, California, U.S. August 6, 2018. REUTERS/Lucy Nicholson/File Photo (Reuters) – Walt Disney Co
Saudi Aramco asks banks to pitch for roles in IPO: sources
DUBAI (Reuters) – Saudi Aramco has formally asked major banks to submit proposals for potential roles in its planned initial public offering, two sources said,
Saudi Aramco asks banks to pitch for roles in planned IPO: sources
DUBAI (Reuters) – Saudi Aramco has formally asked major banks to submit proposals for potential roles in its planned initial public offering, two sources with
Oil up 1% after attack on Saudi field, but OPEC report caps gains
NEW YORK (Reuters) – Oil prices were up more than 1% on Monday after a weekend attack on a Saudi oil facility by Yemen’s Houthi