Executive summary:Most major averages closed just below all-time highsLarge caps outperformed small and microcapsFed all but confirms September rate cutSahm Rule triggeredCorporate earnings mixedIndex performance for August:…
NEW YORK (Reuters) - U.S. oil and gas producers' appetite for dealmaking is closing in on last year's record, with rising interest in smaller oilfields offsetting slower activity in the top oil-producing Permian Basin, analysts at…
As Beijing prepares to host the 2024 Forum on China Africa Cooperation (FOCAC), I reflect on issues of possible interest to the Chinese investor with focus on Africa in general and Zimbabwe in particular.
I discuss how Zimbabwe and the…
A suspected gunman who was taken into custody after allegedly opening fire at a Georgia high school on Wednesday is believed to be a 14-year-old boy, a law enforcement source told CNN.Four people were killed and at least nine others were…
By Erwin Seba HOUSTON (Reuters) - Crude futures fell by more than $1 a barrel on Wednesday in see-saw trading, with traders worried about demand in coming months as crude producers offered mixed signals about supply increases. futures…
KYIV (Reuters) - Capacity was reduced at one unit of the South Ukraine nuclear power plant after Russian attacks damaged the country's electricity transmission system, nuclear firm Energoatom said on Wednesday. "No accidents occurred at…
By Timothy Gardner and Benjamin Mallet WASHINGTON/PARIS (Reuters) -France's state-owned nuclear fuel company Orano has selected Oak Ridge, Tennessee as a preferred site to build a multi-billion dollar U.S. uranium enrichment plant,…
By Alex Lawler, Olesya Astakhova and Ahmad Ghaddar LONDON (Reuters) -OPEC+ is discussing delaying an oil output increase scheduled to start in October after oil prices hit their lowest in nine months, four sources from the producer group…
(Reuters) - If producer group OPEC+ doesn't reduce production further, the average price of oil could drop to $60 per barrel in 2025 due to reduced demand and increased supply from non-OPEC countries, Citi said in a note on Wednesday. Citi…