Shares in aircraft components maker Montana Aerospace (AERO.S) soared nearly 18% on its debut on the Swiss bourse on Wednesday, giving it a higher-than-expected market capitalisation of about 1.4 billion Swiss francs ($1.5 billion).The Austrian-Swiss company, whose customers include Boeing (BA.N) and Airbus (AIR.PA), saw its shares rise to 30.60 Swiss francs ($33.16) in early…
* Graphic: World FX rates http://tmsnrt.rs/2egbfVh * Graphic: Foreign flows into Asian stocks https://tmsnrt.rs/3f2vwbA * Taiwan stocks mark worst session since March 19, 2020 * Taiwan finmin steps in to calm equity markets * Philippine c.bank keeps rates at …
Progress in vaccinating the world against COVID-19 means the world’s economic recovery and demand for oil will outpace the output of top producers, the International Energy Agency (IEA) said on Wednesday”The anticipated supply growth through the rest of this year comes nowhere close to matching our forecast for significantly stronger demand beyond the second quarter,”…
Shad Sumrow, who practiced at Thompson & Knight for more than two decades and led its firmwide finance group, is taking his practice to fellow Texas firm Baker Botts. He joins Baker Botts as a partner in Dallas, the firm said Tuesday, touting his work on oil and gas and asset-based lending and structured finance…
The U.S. Senate voted on Tuesday to repeal a regulation introduced during former President Donald Trump’s administration that Democrats say allows predatory lenders to skirt state consumer protections.
The Biden administration has given final approval to the first major offshore wind energy project in the U.S. We look at the plans and some of the legal hurdles the industry faces.
A majority of shareholders at U.S. oil and gas producer ConocoPhillips (COP.N) on Tuesday voted in favor of setting emissions reduction targets that include the use of the company’s fuels.Few U.S. producers have set so-called Scope 3 targets, which take into account greenhouse gas emissions from customers using the fuel they have purchased, although their…
The Biden administration on Tuesday said it would approve the nation’s first major offshore wind farm, a critical milestone in its goal to launch a new domestic energy industry and eliminate emissions from the power sector.The Vineyard Wind project off the coast of Massachusetts will create enough electricity to power 400,000 homes in New England,…
German online car trader Meinauto said on Tuesday that it decided to postpone its planned stock market listing, citing “adverse” market conditions for high growth companies.
A worldwide lack of semiconductors is proving a challenge for computer manufacturers, but the shortage is likely to persist for some years, the chief executive and founder of Dell Technologies (DELL.N) told Germany’s Handelsblatt newspaper.A surge in demand for electronic devices, coupled with U.S. sanctions against Chinese technology firms, has caused a dearth of the…
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