Warren Buffet now boasts of piling up a record $137 billion cash after his company, Berkshire, loaded up on stocks in part because of its inability to find large companies to buy outright, a drought […]
Billionaire South African entrepreneur Elon Musk’s tweet that: “Tesla stock price is too high,” has caused ripples in the business world forcing Tesla’s market value down by $14 billion in hours. Musk known for founding […]
Chevron has launched the sale of its stakes in two Nigerian offshore oil and gas blocks, a sale document seen by Reuters shows, as the company seeks to dispose of aging assets to focus on […]
Exxon Mobil Corp. XOM-2.09% reported Friday that it swung to a first-quarter loss, as a result of a large market-related writedown, and revenue that fell 12%, as the COVID-19 pandemic significantly impacted demand, resulting in oversupplied […]
Boeing announced sweeping cost-cutting measures Wednesday after reporting a first-quarter loss of $641 million following the hit to the airline business from the coronavirus pandemic. The aerospace giant plans to reduce its workforce by 10 […]
The IMF approved US$3.4 billion in emergency financial assistance under the Rapid Financing Instrument to support the authorities’ efforts in addressing the severe economic impact of the COVID-19 shock and the sharp fall in oil […]
President Donald Trump has laid out new guidelines for U.S. states to emerge from a coronavirus shutdown in a staggered, three-stage approach meant to revive the U.S. economy even as the country continues to fight […]
The global oil demand will fall by a record amount this year as lockdown measures introduced to curb the coronavirus outbreak bring the economy to a virtual halt, the International Energy Agency (IEA) said Wednesday. […]
You are meeting here with Ms Kristalina Georgieva, IMF Managing Director, as she makes a presentation on the Outlook for the Global Economy and Policy Priorities to Overcome the COVID-19 Crisis. As prepared for delivery […]
Stocks in Asia traded lower Monday morning as the Organization of the Petroleum Exporting Countries and its allies reached an agreement on a record oil production cut. In Japan, the Nikkei 225 slipped 1.04% in early trade while the Topix […]
Copyright © 2020 The Daily Leaks. The Daily Leaks is not responsible for the content of external websites. All rights reserved. | About Us | Contact Us