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Finance

Eagle Bulk Shipping announces transfer of listing to NYSE

Eagle Bulk Shipping Inc., one of the world’s largest owner-operators within the midsize drybulk segment, has announced that it will transfer the listing of...

MOL: Japan’s first global commitment line agreement using a transition-linked loan

TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL) announced that it concluded a commitment line agreement through a transition-linked loan with Sumitomo Mitsui Banking Corporation. This loan is...

New Fed research flags rising risk of U.S. recession

Just over half of the 50 U.S. states are exhibiting signs of slowing economic activity, breaching a key threshold that often signals a recession...

Costs and uncertainty cloud oil outlook, says Dallas Fed

Oil production growth in top U.S. oil-producing states has slowed and inflation, supply chain snags and economic uncertainty have led executives to lower their...

Global equity funds see outflows for an eighth straight week

Global equity funds posted net outflows for an eighth straight week in the seven days to Dec. 28 as a stronger than expected U.S....

Hedge funds set to mark worst returns in 14 years

Global hedge funds are set to register their worst returns in 14 years in 2022 after aggressive U.S. interest rate rises hit asset prices...

World, U.S. stocks suffer 2022 losses while dollar triumphs

World stocks were steady and U.S. stock index futures indicated a lower open on Wall Street on the last trading day of 2022, but...

EU Bank Finances Growth of Lithuania’s Largest Seaport

European Union officials announced plans to support the development of an expanded port in Lithuania as part of an effort to support a green...

World stocks eye glum 2022 while dollar triumphs

World stocks were steady on the last trading day of the year as markets digested U.S. data and the dismantling of China’s zero-COVID policy,...

Vitol divests interest in Vostok

Vitol today announces that it has divested its interest in VostokOil LLC. TheVitol ledconsortium(a joint venture with the Mercantile & Maritime Group)throughwhich the interest...
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