U.S. energy firms this week cut the number of oil rigs operating by the most since September 2021, reducing the overall count for a fifth week in a row, energy services firm Baker Hughes Co said in its closely followed report on Friday.
The last great hope for China's faltering post-pandemic rally is fading as the nation's legion of small-time investors turns bearish on equities to double down instead on safer assets amid a stuttering economic recovery.
Forcing more U.S. banks to fund more of their loans and investments with long-term debt and less with deposits, could offer more protection for customers, columnist Liam Proud writes.
Investors in Aster DM Healthcare are in talks to sell a 30% stake in the company's India business for about $300 million, two sources with direct knowledge said, the latest potential deal in India's booming healthcare sector.