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Bloomberg Exxon Mobil Corp said that it would slash its capital expenditures by $10 billion, …
Read More »Oil’s belt-tightening is bad news for clean power
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Virus may nix 39% of US power projects
Bloomberg More than a third of new US electricity generation expected to come online over …
Read More »Global stocks decline after best week; oil pares gains
Bloomberg Global stocks began the week on the back foot as investors readied for the …
Read More »Bitcoin’s below $7,000 but investor stays long, shorts stocks
Bloomberg Famed investor Mike Novogratz says this is the time for Bitcoin, citing greater adoption …
Read More »India’s central bank doubles down on market it despised
Bloomberg India’s most ambitious attempt to influence how foreigners trade its currency slipped through with …
Read More »Investment bank consolidation likely amid virus fallout
Bloomberg A “new wave of consolidation†among global investment banks could be triggered by the …
Read More »Virus may create $75b funding hole in Africa
Bloomberg The funding needs of governments in sub-Saharan Africa could rise by $75 billion as …
Read More »Malaysian banks unswayed by global moves to cut dividends
Bloomberg As banks elsewhere scrap or defer dividend payments, investors in Malaysian lenders can still …
Read More »BOJ cuts economic assessment of all country’s regions
Bloomberg The Bank of Japan (BOJ) cut its assessment of all the country’s regional economies …
Read More »ECB’s Makhlouf says EU needs ‘greater action’ to combat Covid-19
Bloomberg The EU needs “greater action†to combat the coronavirus economic fallout, whether that’s through …
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