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Invest news

A collection of 131 issues

Japanese authorities say they plan to phase out coal imports from Russia, look for replacements

Japan will announce new sanctions against Russia on April 8, Kyodo reported. The new measures could affect the energy sector, including restrictions on imports of Russian coal.

Disney plans to buy UFC

Disney has held talks with the UFC to acquire the league for about $4.3 billion. According to CNBC sources, the company has been "mulling the idea of buying sports leagues for years." Disney's previous CEO proved to be a good fit with its acquisitions of Pixar, Lucasfilm and Marvel,

Frontline and Euronav merge to create the world's largest tanker fleet

The combined company will be able to carry oil equivalent to 100 days of German energy demand. The total value of the tanker company is estimated at more than $4.2 billion. Shares of Euronav were up 7.2 percent, while Frontline shares were down 7.6 percent as of

Pfizer acquires ReViral for $525 million

Pfizer is acquiring ReViral, a privately held biopharmaceutical company focused on the discovery, development and commercialization of novel antiviral therapeutics targeting respiratory syncytial virus (RSV). RSV is a respiratory pathogen that can lead to severe and life-threatening lower respiratory tract infections (LRTI) in high-risk groups, including infants, immunocompromised individuals and

China will create a fund to bail out troubled financial companies

The stability fund will be created with capital from financial institutions and will receive liquidity support from the Central Bank. China's central bank is leading efforts to raise several hundred billion yuan in a new fund to reduce financial risks.

Warren Buffett's Berkshire Hathaway bought about 121 million shares of HP

The purchase came in at more than $4.2 billion. The company's stock gained about 10 percent on the back of the purchase.

Rice cultivation in Peru becomes unprofitable amid rising fertilizer prices

Global fertilizer shortages continue to worsen due to the conflict in Ukraine. This negatively affects a large number of countries, including Peru. According to the Peruvian Rice Producers Association, fertilizer prices in the country have quadrupled. In Peru, the prospect of losses for rice farmers is exacerbated by the tense

Major U.S. oil companies will face the Senate today - accused of inflating fuel prices

"We will not sit back and allow fossil fuel producers to take advantage of the American people and cheat them at the gas station," said the chairman of the House Energy Subcommittee. Last week, President Joe Biden, a Democrat, urged oil companies to increase production and serve American families, not

U.S. winter wheat crop in poor condition - Reuters analysts

The U.S. Department of Agriculture said that as of April 3, 30% of U.S. winter wheat was in good to excellent condition, well below trade expectations: 40% и 53%. La Niña conditions (low rainfall due to colder-than-normal Pacific waters) are expected to remain through the summer in the

Spain plans to launch the construction of a gas pipeline to France

"Spain must make its excess capacity available to Europe," said the CEO of Enagas SA. To do this, we should focus on the construction of the first phase of the so-called MidCat pipeline with France. Enagas will also potentially focus on increasing compression capacity and transporting gas through two other