Sources: Reuters
The World Bank approves a new financial intermediary fund consisting of grants from the United States, Japan, Canada, and other countries coupled with interest from frozen Russian assets to give to Ukraine as part of a $50 billion loan. $2024-10-10
The United States Army Corps of Engineers begins dredging the San Juan Bay in Puerto Rico to open space for a new natural gas terminal that is expected to add $400 million to the local economy. $2024-04-3
Top oil and petrochemicals producers Iran and Venezuela sign a 20-year economic cooperation agreement. 2022-06-11
Sony agrees to a $2.3 billion deal where they will buy a controlling interest in EMI Music Publishing. The deal will mean that Sony would indirectly own 90% of the music publisher and its two million songs. $2018-05-21
Tankers anchored in the Caribbean Sea are unable to deliver over four million barrels of crude oil, due to Venezuela's state-owned oil and natural gas company being unable to pay for hull cleaning, inspections, and other port services. 2017-01-26
The price of oil reaches an eight month high following Iran banning sales to Britain and France on Sunday. 2012-02-20
China Three Gorges Corp. wins a bid for its 21% stake in EDP-Energias de Portugal SA with an offer of €2.69 billion ($3.51 billion), in the first of a series of sales of state-owned assets under Portugal's austerity program. This is the first time a mainland Chinese firm has acquired a significant stake in a southern European company. $2011-12-23
An internal Chinese government report, mistakenly made public, shows that more than ten thousand corrupt officials transferred US$123 billion worth of embezzled funds out of the country over 15 years. $2011-06-17
At least 27 people are killed and eighty injured after oil leaks from a pipeline near the town of Pakokku in Burma. 2010-10-25
German economy minister Rainer Bruederle criticizes the United States' monetary easing as indirectly manipulation of the USD exchange rates. $2010-10-23