Category: News
-
Goldman sees slower but still robust Permian Basin growth this decade (NYSEARCA:XLE)
•
Slavko Sereda/iStock via Getty Images Crude oil futures fell on Friday but ended the week higher, supported by signs of strong US demand and a growing perception of risks from a broader conflict in the Middle East that could jeopardize oil flows from the region. Exchanges Flames are rising between…
-
FDA OKs first menthol e-cigarettes
•
The Food and Drug Administration on Friday approved the first menthol-flavored product Electronic cigarettes For adult smokers, recognizing that vaping flavors can reduce the harms of traditional tobacco smoking. The FDA said it has authorized four e-cigarettes containing menthol from Njoy, the e-cigarette brand recently acquired by tobacco giant Altria,…
-
President Ruto’s pet projects hit by funding delays
•
Major road and housing projects as well as financing for small businesses are facing disruption as the Treasury faces difficulties in disbursing funds due to revenue challenges. The lack of funding will also leave Kenyans suffering from poor medical, water, electricity and education services, with the Treasury failing to release…
-
Sir Jim Ratcliffe Criticises Labour’s Energy Plans Despite Backing Starmer
•
Sir Jim Ratcliffe, chief executive of Ineos and co-owner of Manchester United, has criticized Labour’s green energy plans, claiming they could tax North Sea oil and gas production to “de-exist”. It comes just days after he publicly supported Labor leader Sir Keir Starmer. Ratcliffe warned that Labour’s proposals to increase…
-
Forexlive Americas FX news wrap 21 Jun: The USD moves higher helped better flash S&P
•
The week is coming to an end, as the US dollar is the strongest among the major currencies. The Japanese yen is the weakest. The dollar’s gains today were supported by stronger-than-expected Purchasing Managers’ Index (PMI) data, which saw the services index rise to 55.1 versus 53.7 expected, and manufacturing…
-
Cronos Group Inc. Announces Results of 2024 Annual Meeting of Shareholders
•
Article content TORONTO, June 21, 2024 (GLOBE NEWSWIRE) — Cronos Group Inc. announces… (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) announced that at its annual meeting of shareholders held yesterday, June 20, 2024 (the “Meeting”), shareholders holding a total of 274,097,252 common shares of the Company were voted in…
-
Treasury proposes 5% spending cut to tame deficit
•
Sources told Globes that during a meeting at the Ministry of Finance headed by the Minister of Finance yesterday, as part of a series of discussions on the state budget for 2025, the main proposal that was put forward was an overall 5% reduction in the state’s general budget. Budgets…
-
Aya Gold & Silver Announces Election of Directors By Investing.com
•
Montreal, June 21, 2024 (GLOBE NEWSWIRE) — Aya Gold and Silver Company (TSX: AYA, OTCQX: AYASF) (Aya or the Corporation) is pleased to announce that all of the nominees listed in the management proxy circular have been elected as directors of Aya at the annual general meeting of shareholders (AGM)…
-
S&P 500 Churns as ‘Triple Witching’ Jolts Nvidia: Markets Wrap
•
(Bloomberg) — The massive expiration of Wall Street options not only left stocks struggling for a clear direction, but also sent one of the bull market’s leaders into a volatile ride. Most read from Bloomberg About $5.5 trillion is expected to expire on Friday during a quarterly episode known as…
-
Top U.S. regulators find shortcomings in living wills of JPMorgan, BofA, Goldman, Citi
•
Editorial LewisTsePuiLung/iStock via Getty Images The Federal Reserve and the Federal Deposit Insurance Corp. said Friday they had identified deficiencies in JPMorgan Chase’s so-called living will plans (New York Stock Exchange: JPM), Goldman Sachs (New York Stock Exchange: A), American bank (New York Stock Exchange: PAC(Citigroup)New York Stock Exchange: CAccording…
-
Walmart is replacing its price labels with digital screens—but the company swears it won’t use it for surge pricing
•
Sticker shock has taken on a whole new meaning in retailers and grocery stores. This is because sticker price tags are becoming obsolete, being replaced by “digital shelf labels” or DSL. Traders have been trying to figure out how to deal with changes in consumer behavior due to inflation for…
-
Chris Githaiga, Ipsos Kenya CEO: “Why my 40s were confusing”
•
Chris Githiga moved to Nigeria for work and almost never returned. It was very addictive; The loud people, the constant buzz of commerce (and generator sets), and the unrelenting hope. Ipsos Nigeria was on its knees when he was sent to revitalize it in 2017, having joined them from global…
-
Chris Githaiga, Ipsos Kenya CEO: “Why my 40s were confusing”
•
Chris Githiga moved to Nigeria for work and almost never returned. It was very addictive; The loud people, the constant buzz of commerce (and generator sets), and the unrelenting hope. Ipsos Nigeria was on its knees when he was sent to revitalize it in 2017, having joined them from global…
-
Lord Alan Sugar Invests in The Apprentice Star’s Business
•
Lord Alan Sugar has officially invested in R Nation, the company run by Rachel Woolford, the recent winner of BBC One’s The Apprentice. Woolford secured a £250,000 investment after defeating Phil Turner in the final of the show, which aired in April. According to documents filed with Companies House, Lord…
-
Democrats put a spotlight on more than 1 million pensions saved under a 2021 law
•
Breadcrumb links BMN Business Article writer: Associated Press Fatima Hussain Posted on June 21, 2024 • 3 minutes read You can save this article by registering for free here. Or log in if you have an account. FILE – In this Jan. 3, 2013 photo, a “Retirement Promise” sign is…
-
Carlyle to buy Energean’s Egyptian, Italian, Croatian assets
•
Energy exploration and production company Energean plc (LSE: ENOG; TASE: ENOG), which owns the rights to operate the Israeli Karish and Tanin offshore gas fields, announced the signing of a binding agreement to sell its investment portfolio in Egypt, Italy and Croatia to private equity firm Carlyle International. Energy Partners.…
-
NGL Energy Partners LP Announces Quarterly Cash Distribution for the Class B, Class C, and Class D Preferred Units By Investing.com
•
TULSA, Okla.–( BUSINESS WIRE )–NGL Energy Partners LP (NYSE:NGL) today announced that the Board of Directors of its general partner has declared a dividend for the fiscal quarter ending June 30, 2024 to its stockholders. The Partnership’s 12.511% cumulative Class B redeemable perpetual preferred units (Class B Preferred Units) and…
-
Warren Buffett Has Bought Shares of This Stock for 23 Consecutive Quarters — and It’s Not Chevron or Occidental Petroleum
•
For nearly 60 years, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRC.B) CEO Warren Buffett An offer has been made to Wall Street. Since he became CEO in 1965, the standard Standard & Poor’s 500 By more than 35,000%, including dividends paid. In comparison, the so-called “Oracle of Omaha” has overseen total gains…
-
European markets lower after BOE holds interest rates steady
•
Da-kook/E+ via Getty Images London (United Kingdom) -0.30% UK retail sales rose 2.9% in May Germany (DAX:IND) -0.35% Manufacturing and service activities in Germany declined in June France (CAC:IND) -0.34% Preliminary France PMI readings show manufacturing and services activity declined in June; France’s manufacturing climate index reached 99 in June…
-
Five men were convicted for running Jetflicks, a low-cost streaming service that amassed more TV shows than Netflix, Hulu, and Amazon Prime combined
•
If a streaming service sounds too good to be true, it probably is. In the case of Jetflicks, it was too good to be considered legal. A federal jury in Las Vegas has indicted five male defendants for their roles in a complex scheme to scrape popular TV shows and…