Mauritania Seeks Gas Developer After BP’s License Expires
Mauritania is seeking a developer for its BirAllah offshore natural gas discovery after a license held by BP Plc and Kosmos Energy Ltd. expired.
Mauritania is seeking a developer for its BirAllah offshore natural gas discovery after a license held by BP Plc and Kosmos Energy Ltd. expired.
Arm Holdings Plc is the most expensive stock among artificial intelligence hardware makers, despite trading nearly 30% below its peak. Wednesday’s earnings will need to offer bullish signals to justify that valuation.
European Central Bank Governing Council member Pierre Wunsch still sees dangers for consumer prices – including a weaker euro should monetary policy diverge too much from the US.
US cocoa futures relinquished almost all their gains from earlier Wednesday, with hedge funds exiting bullish bets after a rally that sent prices surging as much as 20% in the past two days.
Federal Reserve Governor Lisa Cook said the rise in lending by nonbank investment firms bears watching but doesn’t appear to have created excessive risk for the financial system.
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