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30.07.2024 17:47
30.07.2024 13:12
Big Oil Roundup: BP Earnings, Vitol’s Payout to Traders Bloomberg’s Will Kennedy and James Herron discuss BP Plc’s results after the British energy giant reported strong second-quarter earnings. They also talk about Vitol Group’s decision to hand traders a record $6.5 billion payout last year, and the impact of the broader geopolitical situation on energy markets.

30.07.2024 12:30
Understanding Nigeria’s Currency Slump, and What Happens Next With its oil wealth, Nigeria should be awash with foreign currency. But years of economic mismanagement have left the country with a debilitating shortage of dollars. In an attempt to fix the problem, President Bola Tinubu relaxed longstanding foreign exchange restrictions shortly after taking office in May 2023. The local naira currency, pegged for years at an artificially high level against the dollar, has since fallen 70%. Tinubu’s goal was to trigger an influx of foreign capital and eventual

30.07.2024 6:31
India Keeps Global Funds at Bay With Curbs on Bond Ownership India imposed controls on foreign ownership of some newly issued bonds, a surprise move that highlights officials are getting uneasy with the billions of dollars of hot money inflows tied to the inclusion of its debt in a key global index.


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