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,”…
Despite its standing as the world’s most vaccinated country, the 115-island archipelago Seychelles is seeing a dramatic resurgence in COVID-19 transmission, bringing its daily case rate to “a higher number of infections per capita than India,” The Wall Street Journal reports.To date, approximately 67 percent of Seychelles’ population is vaccinated — the majority of those…
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…
Maxar Technologies (MAXR) – Get Report (TSX:MAXR), a trusted partner and innovator in Earth Intelligence and Space technologies, today announced that Daniel Nord will join the company as Senior Vice President, Chief Product Officer, effective May 24. Nord joins from Amazon where he first led Product Management for Games and then served as GM for…
ALBUQUERQUE, N.M., May 11, 2021 (GLOBE NEWSWIRE) — Array Technologies (NASDAQ: ARRY) (“Array”), one of the world’s largest manufacturers of ground-mounted systems used in solar energy projects, today announced that Nucor Corporation (“Nucor”) has entered into an agreement with the company to produce certain components of its solar tracking system, as well as support the…
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