Trump’s Tariffs Upend Global Markets: Here’s What Investors Should Know
The market impact is going to play out in coming months and the story is yet to be written.
U.K. Competition Regulator Says Safran Remedies for Collins Aerospace Deal Might Address Concerns
The U.K competition watchdog said the remedies put forward by French aerospace supplier Safran for its proposed purchase of a part of Collins Aerospace's business could resolve its concerns. The ...
US-Based Alternative Asset Managers: Share Values Tank on Tariff-Induced Equity Market Rout
The share prices of US-based alternative asset managers—like Blackstone BX and KKR KKR —are down more than 10% on average ...
Credit Agricole's Indosuez Wealth Management to Acquire Banque Thaler
Credit Agricole's Indosuez Wealth Management plans to acquire Switzerland's Banque Thaler for an undisclosed sum, in a deal that seeks to expand the French group's presence in a major ...
BP Chair Helge Lund to Step Down; Recruitment for New Chair Has Begun
BP said Chairman Helge Lund will step down and that it has started the process to find a replacement. The British energy company said Lund is likely to step down in 2026 and will work with his ...
Vietnam Asks U.S. to Postpone Tariffs, Will Seek Negotiations
Vietnam has asked the U.S. to postpone newly announced tariffs, calling the Trump administration's decision to slap a 46% tariff on Vietnamese imports regrettable and saying it will seek negotiations.
Volvo to Increase Mexican Factory Investment to $1 Billion, Minister Says
Volvo will increase its investment in a truck factory it is building in Mexico to $1 billion, the country's economy minister said Friday.
Shell to Sell Its Interest in Colonial Enterprises to Brookfield for $1.45 Billion
Shell said it would sell its 16.125% stake in Colonial Enterprises to Brookfield Infrastructure Partners for $1.45 billion as it continues to simplify is portfolio. The British energy major said the ...
Oxy’s Diversification Helps It to Somewhat Weather the Tariff and OPEC+ Impacts Vs US Shale Peers
Oxy has a dominant position in the Permian Basin, which is the cheapest source of production in the US and is expected to be a major growth engine in the next few years. Oxy's conventional assets in ...
EOG Is Comparably More Resilient to Tariff Noise Due to Its Diverse US Shale Basin Exposure
EOG is confident enough in its financial strength that management took on $1 billion of incremental debt to free up more cash. Even with this debt increase, management is still targeting a total ...
Hess' Guyana Exposure Allows It to Weather Tumultuous Oil Markets
Cash flows from Hess' legacy operations in the US Gulf of Mexico and Southeast Asia support its growth investments, primarily its 30% working interest in the Exxon-operated Stabroek block in offshore ...
News Highlights: Top Global Markets News of the Day - Friday at 1 AM ET
Government-bond markets worldwide were rallying a day after President Donald Trump's latest tariff announcement as investors sought shelter from risky assets and traders in the Polymarket prediction ...