Tag Archives: Clearing

Bloomberg Big Oil’s Secret World of Trading (Bloomberg Markets) — It was a bleak moment for the oil industry. U.S. shale companies were failing by the dozen. Petrostates were on the brink of bankruptcy. Texas roughnecks and Kuwaiti princes alike had watched helplessly for months as the commodity that was their lifeblood tumbled to prices that had until recently seemed unthinkable. Below $50 a barrel, then below $40, then below $30.But inside the central London headquarters of one of the… Source link

European Union antitrust officials approved Google’s $2.1 billion acquisition of health tracker Fitbit Inc., FIT 0.21% but will enforce conditions on the deal aimed at protecting users’ health data and preserving competition in the wearable-tech sector. The European Commission, the EU’s top antitrust regulator, said Thursday that it has accepted a sweetened package of concessions from Google,… Source link