Showing 1 - 4 of 4
Why China's Banks Won't Come to Russia's Rescue
Business, Jing Yang & Rebecca Feng, Published on 07/03/2022
» On paper, China's banks and its homegrown payments system could offer Russia respite from crippling Western sanctions. China has helped other nations evade sanctions, and both China and Russia share an interest in weakening the dollar's hold on the international financial system.
Tesla Hits $1 Trillion Market Value After Big Hertz Order
Business, Rebecca Elliott & Dave Sebastian, Published on 27/10/2021
» Tesla Inc. crossed $1 trillion in market value Monday, joining a select group of companies after its stock price more than doubled this past year on surging vehicle sales and rising profits.
Coronavirus Threatens to Hobble the U.S. Shale-Oil Boom for Years
Business, Collin Eaton & Rebecca Elliott, Published on 26/05/2020
» American shale drillers helped turn the U.S. into the world's top oil producer, topping 13 million barrels a day earlier this year. It likely will be years--if ever--before they reach such heights again.
U.S. Considers Intervention in Saudi-Russia Oil Standoff
Business, Timothy Puko & Rebecca Elliott, Published on 21/03/2020
» The Trump administration is considering intervening in the Saudi-Russian oil-price war, and Texas regulators are weighing whether to curtail crude production for the first time in decades, as U.S. producers suffer from a historic crash in prices.