Nigeria Dangote refinery strike briefly knocked out nation’s 16% oil output
A brief nationwide strike by Nigeria’s oil workers’ union, PENGASSAN, led to a decrease in the country’s daily oil and…
Wall Street open: S&P 500 hit fresh records; Trump uses shutdown as opportunity
The S&P 500 hit a new record high on Thursday, with investors largely brushing aside worries over the ongoing US…
Commodity wrap: precious metals shine amid economic uncertainty, oil declines
Gold prices rose on Thursday on the back of safe-haven demand, while oil continued its dismal week so far. Oil…
US Treasury clarifies Argentina deal is a swap line, not direct funding
The United States is not sending funds directly to Argentina, but rather offering a credit swap line, Treasury Secretary Scott…
FICO stock skyrockets 24%: what’s driving the rally and why analysts are split
Fair Isaac (NYSE: FICO) stock rallied sharply on Thursday after the company announced a new direct-to-lender licensing program. The new…
Evening digest: Trump sees ‘opportunity’ in shutdown, Manchester Synagogue attack
Thursday started with some major global headlines as the European Union decided to double the steel tariffs in order to…
Brazil pushes ahead with middle-class tax cuts as senate vote looms
Brazil’s government said it was certain the Senate is likely to pass the measure to extend income tax exemptions to…
Dow futures took a sharp plunge on Wednesday: 5 things to know before Wall Street opens
Dow futures tanked 230 points on Wednesday as the government entered its first shutdown in nearly seven years, stirring market…
From GE to Kraft Heinz to Corteva: why more US giants are choosing spin-offs
US conglomerates are increasingly breaking up into focused, independent companies as spin-offs gain traction as a strategy to unlock shareholder…
Wall Street opens in red on government shutdown; Nike, Lithium stocks soar
Wall Street opened in the red on Wednesday as the US government officially shut down, igniting fears of a prolonged…