Europe’s oil refiners, already making do without longstanding shipments of Russian crude, are now struggling with the loss of similar supplies from northern Iraq and a shock reduction in output by several of the world’s top producer nations.
Shipments remain close to 3.4 million barrels a day for a second week
Demand among Colombian citizens for offshore trust services has surged since the ascension of leftist President Gustavo Petro, who raised taxes on the wealthy as part of his drive to overhaul the economy, according to IQ-EQ’s Anabella Murillo.
Venezuela’s opposition leader Juan Guaidó said he left the country and crossed into Colombia by foot on Monday, as he denounces increasing threats against his person by the regime of President Nicolás Maduro.
Bluebird Bio Inc. asked US regulators to approve its gene therapy for sickle cell disease, a potential treatment for the incurable illness that could decide the struggling biotechnology company’s future.
Professional investors see the dollar sliding even further from last year’s two-decade highs, as the market has underpriced the Federal Reserve’s oncoming easing cycle.
Credit Suisse Group AG reported 61.2 billion francs ($69 billion) of outflows in the first quarter and took a large writedown at its wealth management unit, underscoring the challenge for UBS Group AG in retaining key clients and assets after the emergency takeover of its biggest rival.
Glencore Plc’s attempt to seal mining’s biggest deal in a decade has thrust Chief Executive Officer Gary Nagle into center stage. Little known outside Glencore before taking the job nearly two years ago, the energetic South African is pursuing one of mining’s most unattainable targets, in a bitter brawl that’s headed for a potential climax this week.
The UK may soon add chickenpox vaccination to the list of routine shots recommended for children, concluding years of debate and bringing its stance in line with other developed countries.
Big Tech earnings this week will offer investors a dose of reality following this year’s impressive gains in the sector that were powered by hype over artificial intelligence.
