Investing.com -- A halt in Chinese imports of U.S. ethane, triggered by reciprocal tariffs, could lead to a sharp drop in ethane prices and strain Permian gas infrastructure, analysts at Bank of America said exploring the potential fallout.China is the world’s largest ethane importer, but current tariffs make U.S. ethane uneconomic compared to naphtha.BofA said the issue could be resolved i ...
SAO PAULO (Reuters) -Shareholders in Carrefour (EPA:CARR) Brasil, legally known as Atacadao SA (BVMF:CRFB3), approved a proposal from its parent, French retailer Carrefour, to take the Brazilian unit private, according to a securities filing on Friday.Carrefour will pay 8.50 reais ($1.50) in cash per share that it does not currently hold in Carrefour Brasil, as proposed this month."Full owners ...
Investing.com – Russia stocks were higher after the close on Friday, as gains in the Oil & Gas, Power and Telecoms sectors led shares higher.At the close in Moscow, the MOEX Russia Index rose 2.11%.The best performers of the session on the MOEX Russia Index were Federal Hydro Generating Company RusHydro PJSC (MCX:HYDR), which rose 5.47% or 0.03 points to trade at 0.49 at the close. Meanwhile ...
By Jonathan StempelNEW YORK (Reuters) -Nike was sued on Friday by purchasers of Nike-themed non-fungible tokens (NFTs) and other cryptocurrency assets who said they suffered significant losses when the athletic wear company abruptly closed the business that created those assets.In a proposed class action filed in Brooklyn, New York federal court, purchasers led by Australian resident Jagdeep Cheem ...