Russia is on course for another oil-tax windfall as the war in the Middle East drives up prices, as well as demand for the country’s crude.
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Russia is on course for another oil-tax windfall as the war in the Middle East drives up prices, as well as demand for the country’s crude.
BP Plc’s new Chief Executive Officer Meg O’Neill is restructuring the company and consolidating its leadership, moving quickly to fulfill her remit of turning around the beleaguered energy giant after years of underperformance.
BP Plc’s new Chief Executive Officer Meg O’Neill is restructuring the company and consolidating its leadership, moving quickly to fulfill her remit of turning around the beleaguered energy giant after years of underperformance.
Kevin Warsh, nominee to lead the Federal Reserve, detailed his holdings in newly released financial disclosures.
Herbalife Ltd. is taking another stab at selling junk debt, a month after shelving a loan offering due to market volatility.
Lucid Group has named former chairman and CEO of Schindler Group, an industrial machinery manufacturer of escalators and elevators, as its new chief executive.
The U.S. blockade of Iranian ports could accelerate the drawdown in global oil inventories, further tightening near-term supply and pushing back hopes of market normalization into mid-May, according to Société Générale.
Amazon said it would acquire Globalstar, giving its nascent satellite internet business a boost as it vies to compete with Elon Musk's SpaceX.
The fourth-largest lender in the U.S. said its outlook for net interest income and noninterest expense in 2026 has remained unchanged
Diezani Alison-Madueke said she sought to increase transparency and competition in Nigeria’s oil industry while she was minister overseeing the sector at a London trial where she faces criminal charges of bribery.
The producer price index was expected to increase 1.1% in March, according to the Dow Jones consensus estimate.
BlackRock Inc. Chief Executive Officer Larry Fink sees increased demand for private credit from big institutional investors like insurers, even as retail clients grow skittish over the asset class and seek to redeem more of their shares.
Today’s economy may remind you of the 1970s, but Bloomberg Opinion columnist Kathryn Anne Edwards explains why it’s more like the mid-aughts. (Source: Bloomberg)
Medicare doesn’t pay for custodial care. That makes end-of-life decisions even harder for families.
Kevin Warsh, nominee to lead the Federal Reserve, detailed his holdings in newly released financial disclosures.
JPMorgan CEO Jamie Dimon called the economy resilient, but pointed to an "increasingly complex set of risks" across global markets.
The U.S. and global economies were poised to accelerate this year before the Iran war. But now, a global watchdog warns of big trouble if a peace deal proves elusive and the conflict gets any worse.
Novo Nordisk is working with OpenAI on a broad deal that will use artificial intelligence to more quickly develop new medications as well as help train its workforce.
Shell Plc is in advanced talks with Abu Dhabi National Oil Co. to sell its retail fuel stations in South Africa, according to people with knowledge of the matter.
Another key site halted by drone strikes just as Baltic terminals ramp up
Stocks are headed for a higher open, including the Nasdaq. The index enters today's session up nine sessions in a row, the longest winning streak since 2023.
For many years China was out of favor among global asset allocators after its big tech crackdown, the trade war with America and a burst real-estate bubble
US wholesale prices rose by less than expected in March, as the producer price index increased 0.5% after a revised 0.5% rise in February. Michael McKee reports on Bloomberg Television. (Source: Bloomberg)
As efforts to reach a lasting settlement have so far proved unsuccessful, one Harvard academic estimates the total could end up far higher than was promised.