Goldman Sachs Group Inc. is confident in crude’s upward trajectory even after banking turmoil caused the bank to tamp down its price forecasts this year, according to Jeff Currie, global head of commodities .
Former Treasury Secretary Lawrence Summers said it’s too soon to be confident that the US has turned a corner on financial troubles that were sparked by the Federal Reserve’s rapid interest-rate hikes.
The center of gravity in the global oil-refining complex is shifting sharply eastward — and that’s spurring a boom in the business of building ships to haul fuel around the globe.
Singapore’s immigration systems were largely back to normal after a disruption that caused delays at Changi airport and at land-border crossings just before the start of the weekend.
Even by the to-the-moon standards of the crypto world, Justin Sun is known for making bold bets.
(Bloomberg) — A Riksbank deputy governor took issue with European Central Bank official Isabel Schnabel’s view that recent certificate auctions by the Swedes suggest challenges in steering short-term interest rates.
Primavera Capital has entered the race to acquire a stake in high-end cosmetics brand Aesop, people with knowledge of the matter said.
After a decade of gorging on cheap money, indebted companies are looking at selling off chunks of their businesses as they fortify their balance sheets for the new era of higher interest rates.
Prime Minister Justin Trudeau is staring down one of the biggest strikes in Canadian history as his government’s workers push for higher wages even as inflation eases.
Vietnam’s central bank announced it will cut a key policy interest rate for the second time this year as it seeks to bolster an economy that grew slower than expected amid drops in exports and slowing domestic demand.
