LONDON—Oil prices rose on Wednesday, buoyed by tight supplies and the prospect of rising demand from the summer driving season in the United States, the world’s biggest crude consumer. Brent crude futures for July rose for a fifth session running, gaining $1.69, or 1.5 percent, to $115.25 a barrel by 0940 GMT. U.S. West Texas…
Stocks Edge Up Before Fed Minutes, Dollar Off 1-month Low
LONDON—Stock markets and the dollar moved cautiously higher on Wednesday before the latest Federal Reserve meeting minutes, while New Zealand’s dollar soared as its central bank joined those now aggressively jacking up interest rates. Nerves about a global recession were jangled on Tuesday by weak U.S. housing market data, but European and Asian trading saw…
Germany Narrowly Avoids Recession as War, Pandemic Weigh on Economy
May 25, 2022
admin
Business & EconomyeconomyEuropeGermanyinflationInternationalInvestmentMarketsrecessionRussia-Ukraine WarWorld
0 Comment
Germany’s economy narrowly avoided a recession in the first quarter as the Ukraine war and the lingering effects of pandemic restrictions weighed on economic activity, but with enough wiggle room for Europe’s biggest economy to eke out a 0.2 percent pace of growth. Data released on May 25 by Germany’s Federal Statistics Office showed that Germany’s…
Moderna ‘Throwing 30 Million Doses in the Garbage,’ CEO Says
May 25, 2022
admin
Business & EconomyBusinesses in COVID-19CCP VirusCompaniesEuropeInternationalMarketsModernaVaccineVaccines & SafetyWorld
0 Comment
The CEO of pharmaceutical and biotechnology company Moderna, Stéphane Bancel, said the company is having to “throw away” millions of doses of COVID-19 vaccines because “nobody wants them.” Bancel made the comments during an appearance at the World Economic Forum on Monday, while noting his concerns over the lack of people getting vaccinated and waning immunity among those…
Moderna ‘Throwing 30 Million Doses in the Garbage’ Over Dwindling Vaccine Demand: CEO
May 25, 2022
admin
Business & EconomyBusinesses in COVID-19CCP VirusCompaniesEuropeInternationalMarketsModernaVaccineVaccines & SafetyWorld
0 Comment
The CEO of pharmaceutical and biotechnology company Moderna, Stéphane Bancel, said the company is having to “throw away” millions of doses of COVID-19 vaccines because “nobody wants them.” Bancel made the comments during an appearance at the World Economic Forum on Monday, while noting his concerns over the lack of people getting vaccinated and waning immunity among those…
US Announces Sales of 40 Million Crude Oil Barrels From Strategic Petroleum Reserve
May 25, 2022
admin
Business & Economycommoditiescrude oileconomyExecutive BranchGeorge BushGeorge W. BushJoe BidenMarketsPolicies & ImpactsPoliticsRussia-UkraineStrategic Petroleum ReserveUSUS News
0 Comment
The U.S. government has announced the sale of up to 40.1 million barrels of crude oil to be released from the Strategic Petroleum Reserve (SPR) over the coming months. The U.S. Department of Energy’s (DOE) notice of sale is part of the Biden administration’s March 31 announcement to release 1 million barrels of crude oil…
Facebook, Instagram to Reveal More on How Ads Target Users
May 25, 2022
admin
2022 Midterm ElectionsBusiness & EconomyCompanieseconomyFacebookinstagrampolitical adsPoliticsSocial MediaTechUS
0 Comment
WASHINGTON—Facebook parent Meta said it will start publicly providing more details about how advertisers target people with political ads just months ahead of the U.S. midterm elections. The announcement follows years of criticism that the social media platforms withhold too much information about how campaigns, special interest groups and politicians use the platform to target…
This Day in Market History: AOL Is Founded
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On May 24, 1985, Quantum Computer Sciences was founded in Delaware. Where The Market Was The Dow finished the day at 1,301.97. The S&P 500 traded at 188.29. What Else Was Going on in the World?…
Lawsuit Accuses 3 Automakers and Parts Maker in Air Bag Case
DETROIT—A class action lawsuit is accusing three automakers and a parts manufacturer of knowingly selling vehicles containing air bag inflators that are at risk of exploding. Two deaths and at least four injuries have been linked to such explosions. The federal lawsuit, filed Tuesday in San Francisco, names ARC Automotive Inc. of Knoxville, Tennessee, which…
Cole’s Marine Waste Shopping Bags ‘Not Genuinely Reusable,’ Environmental Group
May 25, 2022
admin
AustraliaBusiness & EconomyColesEnvironmentHealth & Safetyhome designLifestyleplastic bagplastic bag banplastic bagsrecyclerecycledreusablereusable bagsreuseWorld
0 Comment
The Boomerang Alliance, an environmental group that represents over 50 environmental and government organisations have criticised Coles new reusable bags made from plastic marine waste as a “not genuinely reusable.” “Coles have missed a golden opportunity to reduce the use of wasteful plastic bags by continuing to sell disposable shopping bags,” said Toby Hutcheon, Campaign…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta