UAE Won’t Make Extra Voluntary OPEC+ Output Cuts at This Time
The United Arab Emirates won’t be making further voluntary OPEC+ oil production cuts at the present time, said the country’s energy minister.
The United Arab Emirates won’t be making further voluntary OPEC+ oil production cuts at the present time, said the country’s energy minister.
The UK Treasury is considering Sarah Breeden, a senior official at the Bank of England, for a promotion to the position of deputy governor when Jon Cunliffe retires from the job in October.
Greek Prime Minister Kyriakos Mitsotakis plans to legalize same-sex marriage, a huge step forward for LGBTQ rights in a region where some conservative governments are cracking down on the community.
French manufacturing output rebounded unexpectedly in May to reach the highest level since before the Covid pandemic, easing concerns of a short-term slump in the euro area’s second-largest economy.
McKinsey & Co. joined the growing chorus warning that metals considered key to the clean-energy transition face shortages in coming years, potentially suppressing the adoption of electric cars, wind turbines and solar panels.
The collapse of two US auto dealers and a growing pile of delinquent car loans are threatening to deliver losses in a corner of Wall Street that, until now, has been a sea of calm: the asset-backed securities market.
Neko Health, the medical diagnostics company co-founded by Spotify Technology SA Chief Executive Officer Daniel Ek, raised €60 million ($65.4 million) in venture capital to expand outside its home country of Sweden.
Japan’s biggest maritime port was crippled by an alleged Russian cyberattack, disrupting cargo as operators rushed to prevent a wider delay in shipments.
Rizal Gozali, a managing director at Credit Suisse, is joining Jefferies Financial Group Inc. as the US advisory firm seeks to strengthen its presence in Asia, according to people familiar with the matter.
Turkey is negotiating with Gulf Arab countries to sell the operating rights for Alsancak Port in the Aegean city of Izmir, in what would be the first major deal under Turkey’s push for foreign investment under its new economic team.