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Chevron may weigh sale of Asian geothermal assets

Bloomberg Chevron Corp. is considering a sale of its geothermal assets in Asia as it seeks to counter a slump in energy markets, according to people familiar with the matter. The operations could fetch as much as $3 billion, said one of the people, who asked not to be named because the deliberations are private. Chevron, the largest USA oil ...

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German unemployment at record low in February

Frankfurt / AFP German unemployment remained at current historic lows in February despite a massive influx of refugees, as the recovery in Europe’s biggest economy remains on track, data showed on Tuesday. The unemployment rate — which measures the jobless total against the working population as a whole — stood at 6.2 percent in February, unchanged from January. In numerical ...

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Pound in best run in 2016 amid ‘Leave EU’ trades

Bloomberg The pound jumped for a fourth day versus the euro, its longest run of gains since November, as investors questioned the extent of declines driven by concern over a possible British exit from the European Union. Sterling rose for a second day against the dollar. While Markit Economics said U.K. manufacturing expanded last month at the slowest pace in ...

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