Traders on the New York Stock Exchange Even before the stock market opened, professionals were expecting a bad start to the day. – (Photo: Xinhua / eyevine / laif) – – – – New York Fed Chair Jerome Powell’s semi-annual testimony before Congress was the hot topic on Wall Street on Wednesday. The US stock … Read more
– NEW YORK Concerns about the economy due to high inflation and the resulting need for a quick turnaround in interest rates pushed the leading US index down almost 5 percent last week to its lowest level since the end of 2020. The week before, the loss had been almost as high. For many market … Read more
Jakarta, CNN Indonesia — ExxonMobil and Chevron can be happy with ‘boom’ oil prices some time recently. It could be, profit the two energy giants bloomed in this first quarter. However, both companies will also lose money as a result of their decision to leave Russia in the midst of an escalating war with Ukraine. … Read more
Jakarta, CNBC Indonesia – The Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) explained in detail about a number of large foreign oil and gas companies leaving the country one by one. Several names of foreign oil and gas ‘giants’ who have stated that they will withdraw from oil and gas … Read more
Düsseldorf The world economy is growing faster than it has been in almost 50 years. At the same time, more and more industries are reaching their capacity limits. Now companies are reacting by drastically ramping up their investments: in 2021 an expected 13 percent to 3.1 trillion euros worldwide. The last time there was similarly … Read more
Jakarta, CNBC Indonesia – PT Pertamina Persero through PT Pertamina Hulu Rokan (PHR) will soon take over the Rokan working area (WK) of PT Chevron Pacific Indonesia (CPI). The process has now reached 99.5%. “As of today, Saturday, August 7, 2021, preparations for the transfer of management of the Rokan CA have reached 99.5%, all … Read more
Carbon dioxide storage Many hopes rest on the technology, but it is met with skepticism among climate protectors. – (Foto: Julius Brauckmann, Getty Images, Reuters, Climeworks PR) – – – – Düsseldorf The total CO2 emissions in Europe for the next 300 to 400 years: this is how much fits into the carbon dioxide storage off … Read more
new York The rally on the US stock markets continued with a surprising tailwind from the labor market. On Friday, the Dow Jones index climbed again above 27,000 points for the first time since early March, while the Nasdaq even climbed above its all-time high closing price in February. Despite the ongoing effects of the … Read more
new York The US standard values suffered losses at the start of the new trading week. The upcoming balance sheet season casts its shadows ahead, experts said. Many investors expected weaker results from the corona virus outbreak and the resulting paralysis of business life. In addition, signs of the long-term effects of the pandemic clouded … Read more
new York The low oil price is now also calling on the US President. According to a report by the “Wall Street Journal”, Donald Trump wants to meet with the CEOs of the largest oil companies on Friday to discuss ways out of the difficult situation. According to this, both aid for industry and punitive … Read more