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Two Sessions Tailwind For China Equities, Week In Review
SHANGHAI, Dec. 29, 2020 — Aerial photo taken on Dec. 29, 2020 shows the junction area of the Suzhou ……
Read More » - ECONOMY
It’s Too Late for Big Oil’s Pivot to a Carbon Tax
The American Petroleum Institute is debating whether to support a price on carbon. It’s not every day that a top…
Read More » - ECONOMY
Luokung Sues To Get Off Trump Blacklist of Chinese Companies
(Bloomberg) — Luokung Technology Corp. asked a U.S. court to reverse its last-minute inclusion by the Trump administration on a…
Read More » - ECONOMY
Saudis Bet ‘Drill, Baby, Drill’ Is Over in Push for Pricier Oil
(Bloomberg) — Saudi Arabia just made a high-stakes wager that the glory days of U.S. shale, which transformed the global…
Read More » - ECONOMY
U.S. Senate Votes to Take Up $1.9 Trillion Pandemic Relief Bill
(Bloomberg) — The U.S. Senate voted to take up a $1.9 trillion pandemic relief bill backed by President Joe Biden,…
Read More » - Health
This Popular Retinol-Infused Oil Is On Major Sale Today
Around the time I turned 30, I started noticing a crease below my left eye that would not go away…
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South Korea and Taiwan’s Chip Power Rattles the U.S. and China
(Bloomberg Businessweek) — There’s nothing like a supply shock to illuminate the tectonic shifts in an industry, laying bare the…
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Exxon Outlines Plan to Boost Returns and Grow Its Dividend
(Bloomberg) — Exxon Mobil Corp. outlined a target to achieve returns of least 30% on new projects after reducing capital…
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Carbon Emissions Made a Rapid Recovery From Covid
(Bloomberg Opinion) — The chief benefit of the International Energy Agency’s new monthly data on global carbon emissions, published Tuesday,…
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BlackRock Warns of Whipsawed Emerging Markets After Taper Scare
(Bloomberg) — There’s no immediate end in sight for bond investors getting tugged between risk-on rallies and selloffs that rekindled…
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This Company Helps Roughnecks Find Renewable Energy Jobs
(Bloomberg) — Alfred Burt grew up following his father across the oil patches of Texas. He carried on the family tradition,…
Read More » - ECONOMY
Big Oil’s Net-Zero Plans Show the Hard Limits of Carbon Offsets
If you can’t pay the interest on your debts, an IOU isn’t going to be enough to save you from…
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Power Retailers Contest Exorbitant Energy Charges: Texas Update
(Bloomberg) — Texas lawmakers are grilling power executives, regulators and others for a second day about why the state’s energy…
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Israeli-Owned Cargo Ship Struck by Explosion in Persian Gulf
(Bloomberg) — An unexplained blast struck an Israeli-owned cargo ship in the Persian Gulf, at a time of rising frictions…
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Will the 2021 Earnings Bonanza Really Happen?
(Bloomberg Opinion) — Fourth-quarter earnings are just about over, which means investors can officially turn their attention to 2021, a…
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Why Texas Broke: The Crisis That Sank the State Has No Easy Fix
(Bloomberg Businessweek) — The Houston skyline was lit pink for Valentine’s Day. It was cold—really cold, at least by the…
Read More » - ECONOMY
When Does a Commodities Boom Turn Into a Supercycle?
(Bloomberg) — A surge in commodity prices has Wall Street banks gearing up for the arrival of what may be…
Read More » - Health
Natural gas exporters race to have the least polluting fossil fuels
A big U.S. liquefied natural gas exporter will start giving customers detailed info about the greenhouse gas footprint of its…
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A Trump Tax Break Kicked Off a Race to Redraw U.S. Census Maps
(Bloomberg) — In hockey, it’s the equivalent of moving the red line. Two years ago, the Pittsburgh Penguins, along with…
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Retail Brokerage Tells IPO-Hungry Clients: Buy Our Stock First
(Bloomberg) — A Kazakhstan-based broker is riding the twin wave of retail investing and the frenzy around U.S. stock listings…
Read More » - ECONOMY
Petrobras Needs Investment, Less Volatile Pricing, Luna Says
(Bloomberg) — Petroleo Brasileiro SA’s incoming chief executive officer wants to continue opening the refining industry to outside investment and…
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Former Mining Exec Details Suitcase Full of Cash He Used to Seal Deals
(Bloomberg) — A former Glencore director said he used to fly the world carrying a bag full of cash to…
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Path to Restored Iran Deal Set to Be Long and Politically Toxic
(Bloomberg) — U.S. President Joe Biden vowed on the campaign trail to re-enter the 2015 nuclear deal with Iran. Six…
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‘Portfolio Warming’ Is the New Climate Anxiety for Fund Managers
(Bloomberg) — All good money managers expect to outperform their benchmark, and by one such metric the French insurer and…
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ESG Magnates Pour Money Into Asia as Rest of Developing World Lags
(Bloomberg) — The emergence of Asia, led by China, as the economic power train of the post-Covid world has just…
Read More » - Market
Stocks in focus: Bharti Airtel, Vodafone Idea, OIL, BPCL, Engineers India, DLF, Ambuja Cement
According to an analyst, lack of strength in decline and positive market breadth could indicate possibility of a comeback of…
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Texas Deep Freeze Leads to Canceled LNG Cargoes: Energy Update
(Bloomberg) — The sprawling blackouts that plunged Texas into chaos in the midst of an historic cold blast are easing…
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Water Pipes Burst Across Texas, Setting Off a Hunt for Plumbers
(Bloomberg) — After the big freeze in Texas comes the big thaw — and the big demand for workers to…
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New York Sees Moderate Snow Through Friday From Latest Storm
(Bloomberg) — A meandering storm will leave New York and the Northeast with up to 8 inches (20 centimeters) of…
Read More » - ECONOMY
Mexico Revamps Oil Hedge Strategy to Mirror Shale’s Approach
(Bloomberg) — Mexico is revamping its massive sovereign oil hedge, copying some of the tactics that U.S. shale producers use…
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