Energy trader Vitol on Friday said its U.S. upstream company, Vencer Energy LLC, will acquire Hunt Oil Company’s Midland Basin assets for an undisclosed sum.Dealmaking in the U.S. shale industry has jumped in 2021 as large companies unload assets to mollify investors angry about years of weak shareholder returns. Vitol is the world’s biggest independent…
A visitor speaks with a representative of Agnico Eagle Mines Ltd at the Prospectors and Developers Association of Canada (PDAC) annual conference in Toronto, Ontario, Canada March 1, 2020. REUTERS/Chris HelgrenCanada’s Arctic territory Nunavut has delayed public hearings about a key water disposal project at Agnico Eagle Mines’ (AEM.TO) Meliadine gold mine, a company executive…
Topline A bill in the Louisiana Senate that would have put new restrictions on gender-affirming medical care for minors has been deferred after facing monumental backlash from transgender people and advocates, in a major victory for trans rights in a deeply red state, as GOP legislatures push anti-trans bills around the country. Key Facts The…
A specialist collects a swab sample from a rabbit at a laboratory of the Federal centre for animal health during the development of a vaccine against the coronavirus disease (COVID-19) for animals, in Vladimir, Russia December 9, 2020. VETANDLIFE.RU/Handout via REUTERS Russia has produced the world’s first batch – 17,000 doses – of COVID-19 vaccines…
Share to FacebookShare to TwitterShare to Linkedin Amazon’s surging stock has made the world’s richest person even richer. Mark Ralston/AFP via Getty Images The world’s richest person, Jeff Bezos, is once again worth more than $200 billion, as shares of Amazon AMZN rose in anticipation of the company’s first quarter earnings report later this week.…
India is battling an unprecedented COVID-19 surge that’s overwhelming hospitals and crematoriums. The WHO’s Europe head warned that this crisis could “happen anywhere.” Hans Kluge said easing restrictions on large gatherings could create a “perfect storm.” See more stories on Insider’s business page. The World Health Organization’s Europe leader warned that a coronavirus crisis similar…
Cybersecurity firm Darktrace hit an opening valuation of £1.7 billion ($2.37 billion) with its London IPO. The firm priced its shares at 250p and saw that soar as much as 38% in the opening hour Friday. It represents a stronger early performance by a tech company in London than Deliveroo’s IPO in March. See more…
Mannequins wrapped in red and white tape stand in front of the Brandenburger Gate in Berlin as part of an art installation. Michele Tantussi/Getty Images The Eurozone economy shrank in the first quarter, putting the bloc back into a recession. Rising coronavirus cases caused countries to reimpose lockdown measures, which hit growth. But the EU’s…
Demonstrators march for Scottish Independence through Glasgow City centre, Scotland, Britain January 11, 2020. REUTERS/Russell Cheyne/File PhotoScotland’s first minister Nicola Sturgeon said she wouldn’t propose a referendum on Scottish independence immediately, as she wants to make sure the country is clear of the coronavirus pandemic first.”I don’t believe we should propose a referendum right at…
President Joe Biden gave his first address to a joint session of Congress on Wednesday. Biden called the Capitol riot an “existential crisis” for America that “desecrated our Democracy.” He also called for ambitious economic recovery plans on jobs, infrastructure, and childcare. See more stories on Insider’s business page. During his first address to a…
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