Shareholders of Gulf Energy Development Pcl, led by Thai billionaire Sarath Ratanavadi, have approved a merger with telecom affiliate Intouch Holdings Pcl. This decision paves the way for a nearly $30 billion transaction.
Investors are increasingly betting on rising oil prices amid escalating tensions between Israel and Iran. Concerns over potential damage to energy infrastructure in the Middle East have sparked this surge in oil market speculation. As hostilities continue, traders are positioning themselves for further gains in oil prices.
Chinese stocks paused on Thursday after a historic rally, with traders cashing in on profits following a more than 30% surge since September.
Chinese stocks are making a strong comeback, prompting a shift in global investment strategies. Many investors are eager to join the rally, which is expected to impact portfolios worldwide. This surge in the Chinese market is drawing attention and could lead to significant changes in how funds are allocated globally.
Millie Bobby Brown and Jake Bongiovi recently shared enchanting glimpses of their wedding celebration, which took place at the picturesque Villa Cetinale in Italy. After secretly tying the knot in May, the couple took to Instagram on October 2 to unveil a collection of heartfelt photos from their special day, capturing the essence of their ...
Japanese stocks surged as the yen fell further, following its steepest decline in over two years. This drop came after the new prime minister indicated that the economy isn’t prepared for another interest-rate hike.
European stocks are set to drop, following a decline in Asian markets as the surge in Chinese shares comes to a halt. Meanwhile, oil prices are rising due to concerns about increasing tensions in the Middle East.
Last year, a devastating fire swept through the historic town of Lahaina, caused by Hawaiian Electric when they re-energized broken utility lines. Sparks from these lines ignited dry vegetation that had not been maintained, according to the Maui Fire Department.
Oil prices increased for the third consecutive day as traders focused on supply risks in the Middle East. Concerns are growing as Israel is expected to retaliate against Iran following a missile attack from Tehran earlier this week.
A pioneer in carbon offsets is facing serious allegations from federal prosecutors, who claim the company faked emissions-reduction data. This alleged scheme aimed to secure millions of carbon credits and attract over $100 million in investment. The case raises significant concerns about the integrity of the carbon offset market.
