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Wall Street Weekahead: Energy shares look for next spark as investors eye recovering economy

Investors betting on U.S. energy shares have enjoyed a blistering rally, as the sector leads a move into value and economically sensitive stocks that has gripped the equity market. How much further that run continues could hinge on the success of the economic recovery, supply dynamics in oil markets and whether companies can stay disciplined on spending. The near doubling in the price of crude has helped make shares of oil and gas companies - for years a losing bet - one of the best performing areas of the market, with outsized gains in the stocks of companies such as oil major Exxon Mobil Corp and Diamondback Energy Inc, which have surged 89% and 231%, respectively, since early November.

Top 10 Energy Dividend Stocks To Invest In

Top 10 Energy Dividend Stocks To Invest In
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Check and mate! 5 times Indian companies came forward to support chess

Updated Feb 25, 2021 | 16:35 IST In India, cricket is a religion, where fans and sponsors flock to. But, some companies have not shied away from supporting the less-watched game of chess. Anand Mahindra (File photo)  When two Anands sign on a deal, it is bound to be of epic proportions! On February 22, Anand Mahindra, chairman of Mahindra Group, took his Twitter followers by surprise when he announced a first-of-its-kind Global Chess League. In the tweet, he named Grandmaster Vishwanathan Anand as his ‘co-conspirator’.  So, what are the two Anands cooking? As per the press release, Tech Mahindra is launching a phygital (physical and digital) chess league in partnership with five-time World Chess Champion Vishy Anand, who will mentor, advise and help shape the league. Initial plans suggest that eight franchise-owned teams from across the world, comprising of titled women and men players along with juniors and wildcard entrants, will play eac

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