Hess Investor HBK to Abstain in $53 Billion Chevron Merger Vote
HBK Capital Management, one of the biggest shareholders in Hess Corp., is planning to abstain from voting on the oil company’s $53 billion takeover by Chevron Corp.
HBK Capital Management, one of the biggest shareholders in Hess Corp., is planning to abstain from voting on the oil company’s $53 billion takeover by Chevron Corp.
A central bank statement that underscored friction within the board tainted the pricing of Brazil’s swap curve, which is showing fewer cuts than traders and analysts think it should.
US regulators finalized rules designed to speed up building the power grid of the future, approving the biggest reforms in at least a decade to enable the energy transition, meet soaring demand and offer protection from extreme weather.
Arthur L. Irving, the Canadian billionaire who modernized the nation’s largest refinery, expanded a network of service stations bearing his family’s name and helped win support for a cross-country oil pipeline, has died. He was 93.
It would take broad risks to the global financial system for the US to potentially coordinate efforts with Japan to shore up the beleaguered yen, according to Bank of America Corp.
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