Finance

Auto Added by WPeMatico

How Long Can Wall Street Shrug Off Trump’s ‘Visible Hand’?: McGeever

Energy Topics & Technology, Finance, Latest, US News / By

(Reuters) – If record-high U.S. stock prices accurately reflect investors’ assessment of the first year of Trump 2.0, then it’s a glowing scorecard for the most interventionist government in decades. It’s yet another example of the topsy-turvy economic world where the global norms and orthodoxies of the last 40 years are being questioned and sometimes …

How Long Can Wall Street Shrug Off Trump’s ‘Visible Hand’?: McGeever Read More »

Banks Eye Venezuela Investment, JPMorgan Seen With Advantage

Conventional Energy, Energy Topics & Technology, Finance, Latest, Oil, US News / By

(Reuters) – The U.S. involvement in Venezuela’s oil sector offers a potential opportunity for international banks, with JPMorgan Chase in an advantageous spot due to its history in the country and past involvement with international trade financing. A clutch of banks including JPMorgan and Citigroup have historically operated in the country, but reduced operations or …

Banks Eye Venezuela Investment, JPMorgan Seen With Advantage Read More »

GE Vernova Hits Record High on Bullish 2026 Revenue Outlook, Buyback Boost

Energy Topics & Technology, Finance, Forecasts, Latest, US News / By

By Yagnoseni Das Dec 10 (Reuters) – Shares of GE Vernova (GEV.N) surged to a record high on Wednesday after the power-equipment maker forecast higher revenue for 2026 and raised its buyback program by $4 billion. Surging electricity demand from artificial intelligence and other data-heavy industries is driving strong growth across the company’s grid and …

GE Vernova Hits Record High on Bullish 2026 Revenue Outlook, Buyback Boost Read More »

LOOKING BACK: Why the Mark Carney Led Net-Zero Banking Alliance Did Not Work as Intended

CDN and International News, Conventional Energy, Finance, Latest, LNG, Natural Gas, Oil / By

EnergyNow Staff The Net-Zero Banking Alliance (NZBA) was established to mobilize the global banking sector in the fight against climate change, aiming for net-zero greenhouse gas emissions by 2050. Despite its ambitious goals, the NZBA has faced significant challenges and criticism, preventing it from working as intended. This document examines the history, founding members, reasons …

LOOKING BACK: Why the Mark Carney Led Net-Zero Banking Alliance Did Not Work as Intended Read More »

Mark Carney-Launched Net-Zero Banking Alliance Votes to Shut Down

Energy Topics & Technology, Finance, Latest, Natural Gas, Oil, US News / By

A spokesperson for the UN-backed Net-Zero Banking Alliance says members voted to end the membership-based structure and instead use the climate guidance the group created as a reference. As a result of the vote, the alliance is ending operations immediately. Carney launched the group in his role as UN Special Envoy for Climate Action and …

Mark Carney-Launched Net-Zero Banking Alliance Votes to Shut Down Read More »

Five Point-Backed WaterBridge Raises $634 Million in US IPO

Conventional Energy, Energy Topics & Technology, Finance, Latest, Natural Gas, Oil, US News / By

Sept 16 – WaterBridge Infrastructure raised $634 million in an initial public offering in the United States, the oilfield water management firm said on Tuesday, in the latest sign of renewed momentum in the listings market. The Houston, Texas-based company sold 31.7 million shares at $20, at the higher end of its marketed range of …

Five Point-Backed WaterBridge Raises $634 Million in US IPO Read More »

Data Center Builder Fermi Files for US IPO as New Listings Accelerate

Energy Topics & Technology, Finance, Latest, Natural Gas, Oil, US News / By

(Reuters) – Fermi, a Texas company co-founded by former U.S. Energy Secretary Rick Perry, on Monday filed for an initial public offering in the United States, as companies rush to tap investor enthusiasm for new issues. The terms of the offering were not disclosed. Wall Street’s IPO season is off to a strong start post-Labor …

Data Center Builder Fermi Files for US IPO as New Listings Accelerate Read More »

With Dollars Scarce, Venezuela Currency Exchanges Turn to Crypto

Conventional Energy, Energy Topics & Technology, Finance, Latest, Oil / By

Venezuela’s government is slowly allowing the use of dollar-tied cryptocurrencies in currency exchanges for the private sector, a dozen sources said, as U.S. restrictions on oil exports reduce available foreign currency. Sanctions by the United States, which the Venezuelan government has characterized as “economic war,” prevent many business transactions, forcing companies seeking to buy raw …

With Dollars Scarce, Venezuela Currency Exchanges Turn to Crypto Read More »

US IPO Market Reopens For fall as Trump Tariff Jitters Ebb

Energy Topics & Technology, Finance, Latest, US News / By

A slew of companies across sectors, ranging from crypto to consumer, launched IPO roadshows on Tuesday, kicking off the post-Labor Day fall window as investor anxiety over U.S. President Donald Trump’s tariffs started to ease. Analysts say the window through mid-October will be crucial, with several high-profile names lining up to gauge whether confidence in …

US IPO Market Reopens For fall as Trump Tariff Jitters Ebb Read More »

US dollar, Treasuries Slide on Latest Trump Attack on Fed

Energy Topics & Technology, Finance, Latest, US News / By

The dollar and U.S. Treasuries slid in Asian trading on Tuesday after President Donald Trump announced he was removing a Federal Reserve governor, which undermined confidence in U.S. assets. The dollar fell against the yen and euro after Trump said on social media he was removing Lisa Cook from her position on the Fed’s board …

US dollar, Treasuries Slide on Latest Trump Attack on Fed Read More »

Subscribe
Subscribe