DUBAI/LONDON (Reuters) -Iranian-backed forces are believed to have seized an oil tanker in the Gulf off the coast of the United Arab Emirates, three maritime security sources said, after Britain’s maritime trade agency reported a “potential hijack” in the area on Tuesday.FILE PHOTO: Mercer Street, an Israeli-managed oil tanker that was attacked last week is seen off Fujairah Port in […]

NEW YORK (Reuters) – New York Governor Andrew Cuomo sexually harassed multiple women in violation of U.S. and state law, according to a five-month investigation detailed on Tuesday by the state attorney general that prompted Cuomo to swiftly deny any inappropriate conduct and make clear he has no intention of resigning. “I want you to know directly from me that […]

FILE PHOTO: The logo of technology company Nvidia is seen at its headquarters in Santa Clara, California February 11, 2015. REUTERS/Robert Galbraith (Reuters) -The UK government is considering blocking chip designer Nvidia Corp’s $40 billion acquisition of British peer Arm Ltd on potential national security risks, Bloomberg News reported on Tuesday, citing people familiar with the matter. (bit.ly/3A3h9hG) Nvidia said […]

One of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made a huge sale on Monday. This fund parted with over 150,000 shares of Square Inc. (NASDAQ: SQ) on Monday, as the price of this ETF gained about 1% in the session. Note that this fund is still up over 100% in the last year. Specifically, ARK […]

(Reuters) – Strong earnings updates from oil major BP, banks and others drove European stocks to record highs on Tuesday even as concerns lingered over rising Delta variant cases and China’s regulatory moves.The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, July 30, 2021. REUTERS/StaffAfter a hesitant start, the region-wide STOXX 600 index […]

DUBAI(Reuters) – Saudi Aramco and other Gulf oil producers are following in the footsteps of Abu Dhabi with plans to raise tens of billions of dollars through sales of stakes in energy assets, capitalising on a rebound in crude prices to attract foreign investors.FILE PHOTO: An employee looks on at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, […]

LONDON/MELBOURNE (Reuters) – Financial firms including British insurer Prudential, lenders Citi and HSBC and BlackRock Real Assets are devising plans to speed the closure of Asia’s coal-fired power plants in order to lower the biggest source of carbon emissions, five people with knowledge of the initiative said.FILE PHOTO: A pile of coal in an active coal mine located next to […]

Stock futures rose slightly in overnight trading on Monday after worries about slowing growth sparked a sell-off on Wall Street. Futures on the Dow Jones Industrial Average gained 50 points. S&P 500 futures and Nasdaq 100 futures both edged up 0.1%. The spread of the delta coronavirus variant continued to keep investors on edge. The seven-day average of daily coronavirus […]