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5280 posts

Press Room

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Commodities

US crude oil stocks down 4.5M barrels last week as exports rose, imports fell -EIA

By Press Room
October 20, 2023
1 Mins read
Business

Arkansas orders Chinese-owned seed producer Syngenta to sell US farmland

By Press Room
October 20, 2023
2 Mins read
Arkansas ordered Syngenta to sell 160 acres (65 hectares) of farmland in the U.S. state within two years on Tuesday because the…
Crypto

India's Central Bank Launches Wholesale CBDC Pilot For Inter-Bank Borrowing

By Press Room
October 20, 2023
1 Mins read
The Reserve Bank of India has initiated a wholesale Central Bank Digital Currency (CBDC) pilot program for inter-bank borrowing.  The central bank…
News

Viatris' Survival Guide: Strategic Divestitures And Margins (NASDAQ:VTRS)

By Press Room
October 20, 2023
6 Mins read
At a Glance As Viatris (NASDAQ:VTRS) contends with shrinking revenues and increasing R&D expenses, the company’s aggressive divestiture strategy reveals a dual…
Business

Indonesia presidential race starts with Joko Widodo’s legacy and family in focus

By Press Room
October 20, 2023
4 Mins read
Indonesia’s presidential election is taking shape after two candidates this week joined the race to find a successor to Joko Widodo, the…
Markets

Anheuser-Busch InBev S.A. ADR underperforms Thursday when compared to competitors despite daily gains

By Press Room
October 20, 2023
1 Mins read
The Anheuser-Busch InBev S.A. ADR BUD, +0.04% inched 0.04% higher to $53.28 Thursday, on what proved to be an all-around rough trading…
Investment

CSX’s results are a mixed bag, amid weaker rail demand and ‘low expectations’

By Press Room
October 20, 2023
2 Mins read
Railroad giant CSX Corp. on Thursday said it expected the subdued shipping trends it saw in the third quarter to continue for…
Stocks

Rio Tinto flags return to record iron ore production

By Press Room
October 20, 2023
2 Mins read
3/3 © Reuters. A workers details the operations of Rio Tinto’s Gudai-Darri iron ore processing plant, 1,120 kilometres (695 miles) north east…
Commodities

Malteurop sees demand rebound for beer ingredient despite inflation

By Press Room
October 20, 2023
1 Mins read
(Reuters) – Inflation is curbing short-term demand for malt, but demand looks to rebound soon for the beer ingredient made from barley…
Business

Fed Chair Powell hints that soaring bond yields could mean end of rate hikes

By Press Room
October 20, 2023
4 Mins read
Federal Reserve Chair Jerome Powell said Thursday that soaring bond yields could help the Fed slow the economy, further cooling inflation and…
Crypto

Binance Announces Alliance With Fiat Partners to Offer EUR Services – Here’s the Latest

By Press Room
October 20, 2023
1 Mins read
Crypto behemoth Binance has introduced new fiat alliances to provide Euro transactions. The exchange confirmed that the initiative has commenced and users…
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