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Shell subsidiary acquires ExxonMobil’s offshore Mediterranean block
Shell subsidiary BG International is acquiring 100% of ExxonMobil’s North East El Amriya offshore gas block under a farm-out agreement,…
Big firms splash pandemic stash on buybacks
US companies have been leveraging high cash balances accrued during the pandemic to increase share buybacks, in a trend that…
THIS MORNING: Gov’t to privatize “as many state companies as possible” + it’s gonna get windy out there
Good morning, friends. We’re drinking from a fire hose of news this morning, with tons of news on everything from…
Covid gives global tourism a USD 2 tn blow + big oil and defense try to keep up with ESGs
Global tourism is expected to end the year with USD 2 tn in foregone revenues thanks to covid-19, as the…
TONIGHT: Unified Budget Act gets final approval. + Oil soars in aftermath of OPEC+ meeting. ALSO: Ever Given goes home tomorrow.
No summer, no slowdown: We have a busy news day today, ladies and gentlemen, with macro, regulation news, and updates…
EM debt levels rose at a faster pace than developed markets last year
Emerging market debt levels rose quicker than those in the developed world in 2020, and this “increasing divide” threatens to…
THIS EVENING: Stocks are having another bad day, BTC is still under pressure — and Gaza is still being bombed
Well, folks, that’s another work day in the books, and while Egypt’s role in trying to broker a ceasefire in…
What the markets are doing on 26 April 2021
Higher crude prices won't give Big Oil its swagger back: Although the recent recovery of Brent crude prices is helping…
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