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Vietnam targets growth surge, hi-tech shift
Expansion of 6.5%-7.0% being looked at for 2021-2025
Exxon, Chevron CEOs discussed merger in
NEW YORK: The chief executives of ExxonMobil Corp and Chevron Corp held preliminary talks in early 2020 to explore combining the two largest U.S. oil producers in what would have been the biggest merger of all time, according to people familiar with the matter.
Why oil companies’ fall from favour could cause next price spike
NEW YORK: Nobody loves oil companies. Tesla Inc, the emblem of an emissions-free future, is worth more today than the top five Western supermajors combined.
White House says US-China trade deal among issues in broad review
WASHINGTON: The Biden administration will review all national security measures put in place by former President Donald Trump, including the U.S.-China Phase 1 trade deal signed in January 2020, White House press secretary Jen Psaki said on Friday.
Short position - Vaccine, takeover fever, fight for fairness
IT is just too much of a coincidence that two Malaysian healthcare companies announced agreements with China-based Sinovac Biotech Co Ltd to bring in vaccines to the country in a week.
Oil eases as demand worries offset weaker dollar, big storage draw
NEW YORK: Oil eased on Thursday as the market focused more on concerns that delays to vaccine rollouts and fresh travel curbs could depress demand than the impact of a weaker dollar and a big U.S. crude inventory drawdown.
GLOBAL MARKETS-Stocks rise, US$ slips
NEW YORK: The dollar retreated and Wall Street rallied on Thursday as investors looked past weak U.S. GDP and jobless claims data to hopes of a rosier economy ahead and welcomed restrictions on this week's social media-driven trading frenzy.
Russian miner’s IPO could fill London gold hole
LONDON: Over two decades, Africa-focused Randgold Resources Ltd earned a reputation for running efficient operations in tough places, with lustrous shareholder returns and a premium valuation to match.
Retail darlings dented after Reddit group briefly shuts doors
A slugfest between Wall Street and Main Street took an unexpected turn late on Wednesday after moderators of a stock trading forum that has helped fuel massive rallies in the shares of GameStop temporarily closed its doors.