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Market News
November 5, 2021
UN Condemns Arrest of Senior Members of Ousted Sudan Coalition
The top United Nations representative in Sudan strongly criticized the arrest of three senior members of the country’s ousted ruling coalition...
November 5, 2021
Stonepeak Partners Is in Talks to Raise Debut Real Estate Fund
Stonepeak Partners, an alternative asset manager that has long focused on infrastructure, is planning to raise its first dedicated real estate fund,...
November 5, 2021
Supply-Chain Snags Spur Second Year of Losses at Siemens Gamesa
Siemens Gamesa Renewable Energy SA posted a full-year loss as supply chain snarls and rising raw material costs squeezed the world’s largest maker...
November 5, 2021
Judge in Mexico Orders Arrest of Another Former Pemex CEO
A federal judge in Mexico ordered the arrest of former Petroleos Mexicanos chief executive officer Carlos Trevino for not appearing at the hearing in...
November 5, 2021
Barclays Subpoenaed by U.S. Virgin Islands Over Epstein Link
Officials in the U.S. Virgin Islands are asking Barclays Plc to hand over information related to Jeffrey Epstein, the deceased financier and sex...
November 5, 2021
A Biden Emergency Oil Release May Fail to Dent Price of Gasoline
A potential release from the U.S. Strategic Petroleum Reserve intended to bring down gasoline prices may have little effect, oil market participants...
November 5, 2021
Venezuela Slashes Its Oil Production Target, Abandoning Maduro’s Ambitions
Venezuela’s state oil company slashed its output target by one-third as years of corruption, brain drain and inadequate investment crippled the...
November 5, 2021
Chicago Police Pension Costs Could Swell With Proposed State Law
Chicago’s police pension obligations could increase by another $3 billion total through 2055 if the state of Illinois passes a proposed law...
November 5, 2021
Smuggling Prompts Africa’s Biggest Gold Producer to Rethink Export Tax
Ghana is reconsidering a tax that’s spurred an increase in gold smuggling from small mines, a trend that’s depriving the country of much-needed...
November 5, 2021