Shale-Gas Drillers Brace for $8 Billion Cash-Flow Shock on Price Drop
Skyrocketing energy prices turned US natural gas drillers into cash machines that showered shareholders in returns over the past two years. But the heyday appears to be over.
Skyrocketing energy prices turned US natural gas drillers into cash machines that showered shareholders in returns over the past two years. But the heyday appears to be over.
As India overtakes China as the most populous country in the world, the two “population billionaires” face tough questions on catering to their aging demographics.
(Bloomberg) — Bank of France Governor Francois Villeroy de Galhau told President Emmanuel Macron that high levels of state spending can’t tame inflation, which is primarily the responsibility of the central bank.
Mexico’s inflation eased roughly in line with analysts’ expectations in early April as the central bank weighs ending a record monetary tightening cycle in Latin America’s second-biggest economy.
China sought to distance itself from remarks by its envoy to France questioning the independence of ex-Soviet states that sparked a firestorm in Europe and undercut French efforts to enlist Beijing’s help in pushing for peace in Ukraine.
President Joe Biden is threatening to veto legislation that would re-instate tariffs as high as 254% on solar panels imported from Southeast Asia, the White House said Monday.
Carmakers are for now largely self-certifying whether their batteries meet content requirements that still aren’t fully fleshed out.
Getting out of the fray over abortion is proving easier said than done for the US Supreme Court.
Egyptian bonds slumped after S&P Global Ratings took a far more downbeat view of the nation’s finances than the International Monetary Fund, forecasting further currency depreciation and lowering its outlook to negative.
Walt Disney Co. began letting go thousands of employees on Monday in the entertainment giant’s ongoing push to cut about 7,000 jobs this year.