Benchmark US crude oil settled above $90 a barrel for the first time since November, the latest milestone in a surge driven by output cuts from Saudi Arabia and Russia amid record global consumption.
The euro fell to the lowest level in more than five months against the dollar Thursday, extending a slide unleashed by the European Central Bank’s latest interest-rate increase, which traders are concluding was likely its last.
When Philip Lowe took the helm at Australia’s central bank in 2016, his then-15-year-old daughter asked him what he intended to do to ensure women had equal chances to advance at the nation’s premier economic institution.
Cocaine is set to become Colombia’s main export, overtaking oil, as production of the narcotic continues to expand as the government take a more lenient policy regarding drugs, according to estimates by Bloomberg Economics.
New York City’s Mount Sinai Medical Center plans to gradually close its Beth Israel campus in downtown Manhattan after years of financial losses.
What’s good for equity investors appears to be beneficial again for cryptocurrency enthusiasts, with Bitcoin rebuilding its correlation with technology stocks.
Heineken NV, the world’s second-largest beer producer, will build a €430 million ($457 million) brewery in Mexico’s Yucatan state as the government steps up efforts to attract investment to the south of the country.
Investors in Mexico’s $91 billion of foreign sovereign bonds are coming to an uneasy realization: Perhaps Andres Manuel Lopez Obrador is the populist they’d once feared him to be.
Elon Musk plans to meet Israeli Prime Minister Benjamin Netanyahu next week in Silicon Valley as the world’s richest man faces increasing criticism over antisemitism on his social media platform X.
Republican lawmakers are pressing the Biden administration to completely cut off Huawei Technologies Co. and Semiconductor Manufacturing International Corp. from their American suppliers after Huawei launched a new phone using highly advanced technology the US has been trying to keep out of China’s hands.
