President Joe Biden announced the largest release of emergency oil reserves on record. Wall Street firms said this could raise crude prices in the long term.
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Oil reserve release could actually boost prices long-term, analysts say
World
Spain’s unprecedented power outage sparks a blackout blame game over green energy
Employees stand inside a supermarket without lights in Burgos on April 28, 2025, during a massive power cut affecting the entire Iberian peninsula and the south of France. Cesar Manso | Afp | Getty Images A catastrophic power outage affecting much of Spain, Portugal and the south of France has thrust the role of renewables […]
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China’s CATL to raise at least $4 billion in Hong Kong listing
People visit the booth of battery manufacturer CATL, at the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, China, April 25, 2024. Tingshu Wang | Reuters Chinese battery manufacturer CATL aims to raise at least HK$31.01 billion ($3.99 billion) in its Hong Kong listing, according to its prospectus filed on Monday, the largest new share […]
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Asia-Pacific markets poised to mostly rise over optimism of de-escalation in U.S.-China trade tensions
The Kannai and Chukagai district at night, the hub of Yokohama’s Chinese district and thriving Chinatown entertainment and business district, full of shops, cafes, and restaurants. Copyright Artem Vorobiev | Moment | Getty Images Asia-Pacific markets are set to mostly rise Monday over optimism that U.S.-China trade tensions could de-escalate following the superpowers’ talks in […]
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